Tax question
#1
12-17-2010, 07:15 AM
Join Date: Aug 2004
Location: Mannington, WV
Posts: 4,482
Tax question
Ok - what form will I need to complete for the per diem tax credit? I'm a company driver, not receiving the non-taxed per-diem rate.
I looked on the IRS's site - that's just scary.
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#3
12-17-2010, 09:01 AM
Join Date: Aug 2004
Location: Mannington, WV
Posts: 4,482
That's the one. Actually, when I looked it up, there's a 2106-EZ, which is more suited for company drivers since it has a lot less to fill out.
Appreciate it. 2106-EZ: http://www.irs.gov/pub/irs-pdf/f2106ez.pdf 2106: http://www.irs.gov/pub/irs-pdf/f2106.pdf
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My facebook profile: http://www.facebook.com/malaki86 Last edited by Malaki86; 12-17-2010 at 09:04 AM.
#4
12-31-2010, 07:14 AM
Is it okay to take the per diem regular credit even if you are sleeping in the truck within 40 miles of your "home terminal" in transit to a drop-off? Was told I had to be 50 mile or more per nite to take credit and some weeks they make that pretty hard to do. I looked at Form 2106 and could not find any rules for truck drivers so glad someone could give some feedback, thanks.
#5
12-31-2010, 02:49 PM
I don't recall anything about a certain number of miles. If you are working and away from home then I see no reason to not take the deduction. You may check the 2106 instructions and see if it mentions something. Otherwise, if it were me I would take the deduction. I had an accountant tell me once that when in doubt take the deduction.
#6
12-31-2010, 03:39 PM
It's been awhile being OTR, but does the rate still change for the deduction still change in Oct.?
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