Per Diem Screws the Driver

Per diem tax bill same crap driver got screwed

 

I didn't know there were different types of per diem paid..... good to know!

 

There's per diem that pays you an additional amount of money per day, and there is per diem that makes part of your income non-taxable. The latter also typically charges you $0. 02 per mile as an administration fee for this wonderful service. The original poster is talking about that type of per diem.

 

We don't actually know what the tax bill is going to mean. They increased the standard deduction over and above what the typical truck driver can write off in per diem anyhow, so in theory you should be getting more back without having to track your days out and such.

I'm open to it either being good or bad. Either way.

 

Really is that a joke we lost a huge deduction as company drivers and that's a fact

 

If you lived in your truck it’s probably going to suck for you, but I’m going to come out ahead with the doubling of the standard deduction. It’s not fair to say that drivers got screwed when everyone’s situation is different.

 

...but if you're paying less in taxes every week and still get a refund at the end of the year...it's...just fine.

They increased the standard deduction so we wouldn't have to itemize anymore. We will get back more than we would have if we had done the per diem tax break.