Today TaxMama answers Steve from Orland, CA who’s asking about Per Diem for truck drivers. Steve says “Thanks to your site I found out that I can deduct $41 per day. But how/where do I put this deduction on my schedule “A” form?”
Hi Steve,
First, let’s just update that per diem information, shall we? The IRS reviews the per diem amount, currently $41, for possible increase each year, effective Oct. 1. So the new rates should be out soon.
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Meanwhile, for the moment, you may only deduct 70% of your total per diem rate.
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But, the per diem limitation is increasing every two years until 2008, so you’ll gradually get to deduct more of your per diem:
Right now, it’s 70% — 2005
it will be 75% in 2006, 2007
Then, 80% in 2008 and beyond
All job-related expenses go on Form 2106
https://www.irs.gov/pub/irs-pdf/f2106.pdf
The per diem rate refers only to meals. You probably have other job-related expenses you can deduct. For instance, special shoes, uniforms, laundry, gloves, toolbox and tools, classes, licensing renewals….
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And if you are an owner-operator, well, the list just goes on.
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Fill out Form 2106. The totals get carried to Schedule A, to the Miscellaneous Deductions area – and become part of your itemized deductions.
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You’ll find more information and tools for truckers at driversdailylog.com and etrucker.com
https://www.driversdailylog.com/ddldaysoutforperdiem.htm
Explains IRS Meal Allowance
https://www.etrucker.com/apps/news/article.asp?id=47568
Broader explanation of Per Diem computation
Drive carefully.
And remember, you’ll find answers to lots of trucking, business and other tax information, free. Where? At TaxMama.com
- Ask TaxMama :: Where taxes are fun and answers are free
- Drivers Daily Log :: Explains IRS Meal Allowance
- eTrucker.com :: Broader explanation of Per Diem computation
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