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Owner-operators are now allowed to claim a meal per diem of $66 per day they’re away from home, according to a new per diem structure announced this week by the IRS. The change, a $3 increase, took effect Oct. 1.
If you are a long-haul truck driver and you incur meal and accommodation expenses, you can deduct a portion of these expenses on your income tax return. However, before claiming these expenses, it's important to ensure you meet the eligibility requirements and understand how to correctly deduct these expenses. As a Truck Driver you can use Turbo Tax Deluxe. Under the employment Expenses tab there is a Job-Related Expenses screen. You need to enter yes to being a transportation worker. It will have a field having something to do with meals and transportation rules. In this field you enter your expense by doing the following.
Owner-operators, using their Schedule C business expense form, will now be able to deduct $52.80 off of their income for every day they’re on the road and away from home. Though the allotted per diem is $66, the IRS only allows a deduction of 80 percent of that to be deducted from operators’ income, which equals $52.80. For all days on the road and away from home before Oct. 1, operators’ per diem is $63 — a deduction of $50.40 per day.
2019 Truck Driver Meal Allowance
To qualify for the per diem, IRS rules state your work must be away from “your tax home substantially longer” than a normal work day and you must sleep away from your home on the days the per diem is being used, ATBS says.
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Irs Truck Driver Meal Allowance
Truck Driver Meal Allowance 2013
If you have questions about use of a per diem, call ATBS at 866-920-2827.
Company drivers can no longer deduct meal per diem from their income. The Taxs Cut and Jobs Act of 2017, the tax reform cleared last year by Congress, removed per diem deductions for company drivers starting for the 2018 filing year.