Per Diem Screws the Driver

It did not remove it for company drivers. It removed the mechanism for claiming it. If it had removed it companies could no longer offer it either.

Any driver needing to claim other income can still take their per diem on schedule c.

 

Not the last mortgage I got.

It was gross revenue.

 

You have to show a copy of your tax return. This shows both. The reason is your pay could be garnished, so they need to know net.

 

If they didn't use it to pay for whatever they want today, yea it would work, has the government ever been able to keep their hands off "free" money that's just sitting there?

 

What or who is the real real reason OTR drivers lost all those deductions?

Everybody always forgets and then come November they make the same mistakes again and again.
Most all Americans are really stupid.

 

The tax rules changed. You now get twice the standard deduction as in the past. There's little reason for per diem any more.

 

And then they flee their failed states and start "fixing" their new state. Those frickin locusts should be deported back to their own mistakes.

 

Also, everyone got a tax cut but the OTR drivers.

 

You'd probably waste it on groceries, electricity, water etc.

 

What’s the yearly maximum you can contribute to social security or is their one... I’d think if your wages still meet the maximum per diem works to your advantage ... ps as a Canadian I’m not sure if you have a maximum