Saving For Tax Time

Discussion in 'Trucker Taxes and Truck Financing' started by AbbandonZK, Sep 29, 2016.

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  1. Oct 23, 2016 #11
    thejackal

    thejackal Road Train Member

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    Even if they are paying you a per diem you still get to right that per diem off at the end of the year and it's $56 per day times 80%. 56 x .8
     
    thejackal, Oct 23, 2016
    thejackal, Oct 23, 2016
    #11
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  3. Oct 23, 2016 #12
    thejackal

    thejackal Road Train Member

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    L
    Nope scratch that. I'm wrong on that. I was thinking something else. My bad.
     
    thejackal, Oct 23, 2016
    thejackal, Oct 23, 2016
    #12
  4. Nov 10, 2016 #13
    Cowpie1

    Cowpie1 Road Train Member

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    You can figure what the per diem write off would be at end of year and subtract what you got paid for per diem, and if what you've been paid is less, then you can deduct difference.
     
    Cowpie1, Nov 10, 2016
    Cowpie1, Nov 10, 2016
    #13
    tscottme Thanks this.
  5. Nov 18, 2016 #14
    MACK E-6

    MACK E-6 Moderator Staff Member

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    Would that vary by state?
     
    MACK E-6, Nov 18, 2016
    MACK E-6, Nov 18, 2016
    #14
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