Tax time!!!

Discussion in 'Trucker Taxes and Truck Financing' started by DC CAB, Jan 30, 2008.

  1. DC CAB

    DC CAB Medium Load Member

    Not sure if this in the correct sub-forum, but I have an important question about filing taxes and being in this business. I am a local/regional driver...meaning I am home pretty much every night. I am told by the employer that I still qualify for the daily per diem. A few CPAs I have talked to say that I can only claim the days that I was out overnight. Would someone one here be able to help me out with how this works? Thank you very much.
     
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  3. LadyTrucker99

    LadyTrucker99 Heavy Load Member

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    Anything that you buy for work or while working--such as food, boots, clothes, fuel to get you to work, etc. is what you can claim. But its smart to have receipts in case they come back to audit you.
     
  4. Roadmedic

    Roadmedic Road Train Member

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    I would not take the advice of your employer on this issue. The CPA's are advising you correctly.

    The simplest way to look at it is if out overnight take a days per diem.

    The technical formula based on the percentage of the day out is in pub 463.
     
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