Per Diem paid by company less than daily rate. Itemize difference?

Are you SURE that out of your 355 days out none of them were half or partial days?

 

My company pays $55 a day Perdiem. I just did my taxes and for each full day that I was out claimed in additional eight dollars to bring it up to 63. Partial days out count as .75 of a day.

 

I have posted in many threads concerning this.

Keep track of what you are paid by the employer. Keep track of what you are allowed. Subtract the difference is what you are still allowed.

2016 is $63 in US and $68 in Canada

Full days = 80% of $63.
Partial days = 75%(80% of $63).

or just multiply partial days to get a full day count, add to Full days then * 80%.

6 partial days.
15 full days

6 * 75% = 4.5

4.5 + 15 = 19.5

(19.5 * 63)*80% = $982.80 or round up to $983.

BTW.. this is how Turbo Tax figures it out.

 

An accountant who is familiar with per diem should be able to help you with this question.

God bless every American and their families! God bless the U.S.A.!

 

Because under the IRS rules, DOT related work is at 80% of the per diem rate.

 

Pg 6 and 12...

Individuals subject to “hours of service” limits. You can deduct a higher percentage of
your meal expenses while traveling away from your tax home if the meals take place during or incident to any period subject to the Department of Transportation's “hours of service” limits. The percentage is 80%. Individuals subject to the Department of
Transportation's “hours of service” limits include the following persons.
Certain air transportation workers (such as pilots, crew, dispatchers, mechanics, and
control tower operators) who are under Federal

<<>>

Special rate for transportation workers. You can use a special standard meal allowance
if you work in the transportation industry. You are in the transportation industry if your work:
Directly involves moving people or goods by airplane, barge, bus, ship, train, or
truck, and Regularly requires you to travel away from home and, during any single trip, usually involves travel to areas eligible for different standard meal allowance rates.
If this applies, you can claim a standard meal allowance of $63 a day ($68 for travel outside the continental United States) for travel in 2016. Using the special rate for transportation
workers eliminates the need for you to determine the standard meal allowance for every
area where you stop for sleep or rest. If you choose to use the special rate for any trip, you
must use the special rate (and not use the regular standard meal allowance rates) for all trips
you take that year.

Travel for days you depart and return. For both the day you depart for and the day you return from a business trip, you must prorate the standard meal allowance (figure a reduced amount for each day). You can do so by one of two methods.
Method 1: You can claim 3/4 of the standard meal allowance.

 

Don't read this. I am wrong