USA Taxable Per Diem Question

Joined
Jun 24, 2015
Messages
1
Reaction score
0
Country
United States
I have been working out of town for over 1 year and my company pays me a weekly per diem that is taxable. Since the compensation is taxable, will I be able to deduct my actual expenses (hotels, meals, etc.) on my income tax next year?
 

smallbushelp

VIP Member
Joined
Jun 22, 2015
Messages
191
Reaction score
20
Country
United States
Yep, as unreimbursed employee expenses on Sched A. However, the deduction is subject to a floor based on your AGI.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,624
Messages
27,567
Members
21,401
Latest member
mortgageleads

Latest Threads

Top