My company started paying us a per diem amount on each paycheck. It corresponds to how many days we are out. I am used to in years past just taking days out times the going rate, taking 80% and deduct that. How do i figure my deduction now when i am paid up front for part of the Per diem? thks for any help!
Company pays perdiem-taxes?
- Thread starter rjriver
- Start date
If you are a company Driver,
you have to fill out form 2106 on line 5 B is states subject to DOT REGS YOU PUT IN THE TOTAL AMOUNT AT THE 59 PER DAY, THEN ON LINE 7 YOU ENTER UNDER REIMBURSEMENTS
ON THE MEAL ALLOWANCE LINE, THE AMOUNT YOU GOT PAID FOR THE PER DEIM
THAT WILL MAKE THE ALLOWANCE CORRECT AND IT WILL TRANSFER TO LINE 21 ON YOUR iTEMIZED DEDUCTION SCHEDULE A.
fRANK
you have to fill out form 2106 on line 5 B is states subject to DOT REGS YOU PUT IN THE TOTAL AMOUNT AT THE 59 PER DAY, THEN ON LINE 7 YOU ENTER UNDER REIMBURSEMENTS
ON THE MEAL ALLOWANCE LINE, THE AMOUNT YOU GOT PAID FOR THE PER DEIM
THAT WILL MAKE THE ALLOWANCE CORRECT AND IT WILL TRANSFER TO LINE 21 ON YOUR iTEMIZED DEDUCTION SCHEDULE A.
fRANK
RoadKing06
Expert Expediter
Frank, I sent you a pm awhile ago.
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RoadKing06
Expert Expediter
Never mind Frank I see you got it now, thanks.
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