Try Hours

Tax Topics For Expediters Got a Tax question? Need help with a bookkeeping problem? Frank Katz can help you! A tax preparation expert with many years experience plus an in-depth knowledge of the trucking industry, Frank will respond to your questions on this forum.

Reply
 
LinkBack Thread Tools Search this Thread Display Modes
Old 01-12-2008, 01:35 PM   #1 (permalink)
Senior Member
 
Join Date: Jun 2007
Location: Georgia
Zodiac Sign: Virgo
Rating: 1 Votes / 5.00 Average
Posts: 326
arrbsthw is on a distinguished road
Groceries

If you go to the grocery store and buy $80.00 worth of
groceries, water, plates, paper towels, etc. How do you
determine what is deductible. Is the food ded or is is part of the
per diem? Are supplies such as papertowels, tt paper, forks
etc ded?
and I know I have asked this before but I just don't understand..
If my husband and I both have our name on tax return
A....& R....Wa... with both ss #'s is the per diem per day for
each of us. (we both eat). 52 x 2 = 104 minus the %.

the food that we buy eating out at mickey d's etc is included in
our per diem..right? Do I need to save receipts for that?
I save all my Walmart receipts where I buy groceries for the
truck also.
Sorry for asking again but I just need to understand this.
arrbsthw is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-12-2008, 04:22 PM   #2 (permalink)
Senior Member
 
are12's Avatar
 
Join Date: Aug 2006
Location: Falls, PA.
Zodiac Sign: Sagittarius
Rating: 5 Votes / 4.80 Average
Posts: 543
are12 is on a distinguished road
Re: Groceries

When you take the per diem, you cannot deduct the food you buy or from fast food restaurants. (no need to save receipts, since you can't claim it). As for the papertowels, tt paper, laundry supplies, if they are purchased out of my personal checking, I just circle the items and put the amount spent on the top of the receipt. I usually try and separate anything for the truck and use my business account to purchase those items
As for you both getting the per diem, the answer is yes.
Hope this helps.
__________________
Ain't No Feelin' Like Six Wheelin'


Arlene and Jim

are12 is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-12-2008, 04:51 PM   #3 (permalink)
Moderator
 
TeamCaffee's Avatar
 
Join Date: Aug 2005
Location: Lake Saint Louis, MO, USA.
Zodiac Sign: Virgo
Rating: 17 Votes / 4.53 Average
Posts: 2,182
TeamCaffee is a jewel in the roughTeamCaffee is a jewel in the roughTeamCaffee is a jewel in the roughTeamCaffee is a jewel in the rough
Re: Groceries

You both get to take the per diem for your taxes. We also try to purchase all truck items with our business account. You can deduct the paper towels and cleaning supplies also rugs for the truck cooking utensils, bedding anything that is only going to be used in the truck. Anything you are going to eat or showers are included in the PerDeim so is not deductible. You can also not deduct anything that is for your own personal entertainment such as DVD's or going to the movies but you can deduct the DVD player as long as you watch something on there that is considered training which we all of course do.
__________________
Bob & Linda
FedEx CUSTOM CRITICAL
Owner/Operator D6077
TeamCaffee is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-12-2008, 05:10 PM   #4 (permalink)
Senior Member
 
Join Date: Jun 2007
Location: Georgia
Zodiac Sign: Virgo
Rating: 1 Votes / 5.00 Average
Posts: 326
arrbsthw is on a distinguished road
Re: Groceries

Thanks so much for your help. I really appreciate it.
arrbsthw is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-12-2008, 05:14 PM   #5 (permalink)
Senior Member
 
Join Date: Jun 2007
Location: Georgia
Zodiac Sign: Virgo
Rating: 1 Votes / 5.00 Average
Posts: 326
arrbsthw is on a distinguished road
Re: Groceries

How about gallons of water for cooking and bottles of water
for drinking and pepcid or other meds?
arrbsthw is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-12-2008, 05:36 PM   #6 (permalink)
Moderator
 
TeamCaffee's Avatar
 
Join Date: Aug 2005
Location: Lake Saint Louis, MO, USA.
Zodiac Sign: Virgo
Rating: 17 Votes / 4.53 Average
Posts: 2,182
TeamCaffee is a jewel in the roughTeamCaffee is a jewel in the roughTeamCaffee is a jewel in the roughTeamCaffee is a jewel in the rough
Re: Groceries

As far as I know none of the above is deductable. Water covered by per diem and medicine is a personal expense that you would use on the road or at home.
__________________
Bob & Linda
FedEx CUSTOM CRITICAL
Owner/Operator D6077
TeamCaffee is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-12-2008, 05:40 PM   #7 (permalink)
Senior Member
 
Join Date: Jun 2007
Location: Georgia
Zodiac Sign: Virgo
Rating: 1 Votes / 5.00 Average
Posts: 326
arrbsthw is on a distinguished road
Re: Groceries

ok, thanks again
arrbsthw is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-12-2008, 09:46 PM   #8 (permalink)
Senior Member
 
are12's Avatar
 
Join Date: Aug 2006
Location: Falls, PA.
Zodiac Sign: Sagittarius
Rating: 5 Votes / 4.80 Average
Posts: 543
are12 is on a distinguished road
Re: Groceries

TeamCaffee, It has always been my understanding that you could deduct what you spend for entertainment while on the road. I guess I need to ask my accountant again.
__________________
Ain't No Feelin' Like Six Wheelin'


Arlene and Jim

are12 is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-12-2008, 10:01 PM   #9 (permalink)
Moderator Emeritus
 
terryandrene's Avatar
 
Join Date: May 2004
Location: St. Peters, MO
Rating: 25 Votes / 4.52 Average
Posts: 2,817
terryandrene is just really niceterryandrene is just really niceterryandrene is just really niceterryandrene is just really niceterryandrene is just really nice
Re: Groceries

A $ J

It's been my understanding that you may deduct entertainment expenses if you are entertaining a client for the purpose of generating or maintaining a business relationship that produces taxable revenue. Movies during layover wouldn't count.
__________________
Terry and Rene'


Cargo Van Owner/Operators.
FedEx Custom Critical 1989 - 2008
terryandrene is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-13-2008, 08:44 AM   #10 (permalink)
Senior Member
 
Join Date: Feb 2003
Location: Bison, South Dakota, U.S of A.
Rating: 17 Votes / 3.82 Average
Posts: 3,294
OntarioVanMan will become famous soon enough
Re: Groceries

We deduct showers and the ICE that keeps the food cold.....
and the gas for the portable generator.

Linda in your accountants line of thinking if you can't take the showers then you can't take anything connected to the per diem..that would include the utensils to eat that food with and paper plates to eat that food on....nor the bedding.

Last edited by OntarioVanMan; 01-13-2008 at 08:51 AM.
OntarioVanMan is online now  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-13-2008, 12:53 PM   #11 (permalink)
Moderator
 
TeamCaffee's Avatar
 
Join Date: Aug 2005
Location: Lake Saint Louis, MO, USA.
Zodiac Sign: Virgo
Rating: 17 Votes / 4.53 Average
Posts: 2,182
TeamCaffee is a jewel in the roughTeamCaffee is a jewel in the roughTeamCaffee is a jewel in the roughTeamCaffee is a jewel in the rough
Re: Groceries

Frank has said more then once on here that showers are no longer deductible as they are included in the PerDiem. Anything related to food is not deductible as it is covered in the PerDeim. The paper towels are deductible as you can use them to clean the windshield or other items on the truck. All cleaning supplies are deductible that you use to clean the truck. The entertainment has to be proven that you talked business such as taking a potential driver out to supper. Going to a movie would be pretty hard to prove as a deduction.
__________________
Bob & Linda
FedEx CUSTOM CRITICAL
Owner/Operator D6077
TeamCaffee is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-13-2008, 01:05 PM   #12 (permalink)
Senior Member
 
Join Date: Feb 2003
Location: Bison, South Dakota, U.S of A.
Rating: 17 Votes / 3.82 Average
Posts: 3,294
OntarioVanMan will become famous soon enough
Re: Groceries

Re: showers...I'd like to see that ruling...

I am finding that accountants are like truck drivers....no 2 will agree.
OntarioVanMan is online now  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-13-2008, 09:24 PM   #13 (permalink)
Senior Member
 
butterfly610's Avatar
 
Join Date: Oct 2007
Location: Houston, TX, USA.
Rating: 2 Votes / 4.50 Average
Posts: 174
butterfly610 is on a distinguished road
Re: Groceries

On almost all the websites I've researched trying to find a good trucking accountant, their websites say you can take the per diem, but also list showers in the list of deductible things. Recently one that I spoke to said to let them know the amount of days spent out on the road, and also said to give totals for deductible items, and showers were on that list. There's so many things you can claim as long as you use them in the truck.
butterfly610 is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-16-2008, 09:24 PM   #14 (permalink)
Senior Member
 
Join Date: Nov 2003
Location: Arlington, TX, USA.
Rating: 1 Votes / 5.00 Average
Posts: 233
chetjester is on a distinguished road
Send a message via AIM to chetjester Send a message via Yahoo to chetjester
Re: Groceries

I was glad to find this thread. I feel pretty confident about what can be deducted, but one thing baffles me.

I was told that non-prepared foods ( please tell me what they are?) were deductible even with a per diem deduction.

I'm ready for all y'all opinions on that. And, even better, real facts.
__________________
Chet Merithew
Straight Truck for A. Blair
OOIDA Member

"I can sleep after I deliver the load"
chetjester is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Old 01-16-2008, 10:21 PM   #15 (permalink)
Moderator Emeritus
 
terryandrene's Avatar
 
Join Date: May 2004
Location: St. Peters, MO
Rating: 25 Votes / 4.52 Average
Posts: 2,817
terryandrene is just really niceterryandrene is just really niceterryandrene is just really niceterryandrene is just really niceterryandrene is just really nice
Re: Groceries

It would be unreasonable to think that you could buy $20 worth of food to prepare in your truck, take the tax deduction, and then take the $52 Standard meal allowance deduction. The IRS regulations are clear that you may deduct actual expenses for food OR deduct the Standard meal allownance; it's all of one or the other. I'll buy Chet a dinner if I'm wrong in my understanding.
__________________
Terry and Rene'


Cargo Van Owner/Operators.
FedEx Custom Critical 1989 - 2008
terryandrene is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Member Area

Sponsors

Advertiser

All times are GMT -4. The time now is 02:42 PM.




Search Engine Optimization by vBSEO 3.2.0