Finding a tax specialist w/transportation industry knowledge

Reply Subscribe

Page 2 of 2

Thread Tools

#11

03-07-2007, 04:52 AM

tbrown

Member

Join Date: Jun 2006

Location: San Diego

Posts: 187

Re: Meal deductions

Quote:

Originally Posted by Rev.Vassago

No, it's not. The correct amount is 75% of $52 per day, and it is only for days that are spent away from your tax home. If your husband gets home every night, then he cannot deduct the meal deduction. On days that he gets home, he cannot deduct the entire amount.

Thanks Rev...kind of sounded wrong. By the way, we know it's time away from home only...he's OTR and just got home after 8 weeks out!

#12

03-13-2007, 03:48 AM

Danisawannabe

Rookie

Thread Starter

Join Date: May 2006

Location: Central Florida

Posts: 39

Thanks Everyone

Thanks for all the advice. I'm sorry I have not replied sooner so much of my time has been spent studying and staying late on the driving range (can't have too much practice).

Today I stopped in at Jackson Hewitt to ask about the details of per diem pay along with the regular cpm. The person I talked to said with my details that the situation would not leave me owing the IRS which works for me. Once I have my year in I can reevaluate both the company and the per diem issue. However, before I make an decision one more visit to a different tax pro for a second opinion. This time I will print out this thread & some of the others so I may ask more pertinent questions.

Thanks again everyone for the advice.
Dan

__________________
My Blog is at www.danisawannabe.com
and it's rarely updated anymore.