Driver per diem pay

These per diem payments listed above would be treated as wages and employment taxes are due from the employer. Return to top 7. Do I have to pay the federal per diem rate? You can pay more or less than the federal per diem rate. However, if you pay more than the federal per diem rate, the excess will be taxable to the employee. Return to top. Per diem pay is classified by the IRS as reimbursement to cover meal and incidental expenses incurred by drivers while they’re away from home. It gives you more take home pay because less taxes are withheld in your weekly paycheck. Per diem pay is a tax exempt payment drivers can receive for certain personal expenses incurred each day away from home, such as meals and other incidental expenses.

Per diem pay is a benefit that truck drivers may receive that allows them to recoup expenses from being on the road, like meals, without having to wait until tax season to file a claim. “Per diem” means “per day” and the allowable per diem amount according to the IRS is $66, up from $ As of , each truck driver gets a per diem allowance of $66 per day when driving within the intercontinental United States. However, if you’re driving outside the continental US, this rate increases to $ When filing your taxes, the IRS allows you to deduct 80% of this pay. Per diem pay is a tax exempt payment drivers can receive for certain personal expenses incurred each day away from home, such as meals and other incidental expenses.

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