Finding a tax specialist w/transportation industry knowledge
#11
Member
Join Date: Jun 2006
Location: San Diego
Posts: 187
Re: Meal deductions
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.
#12
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 |
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