The IRS has released the 2019-2020 special per diem rates. Taxpayers use the per diem rates to substantiate certain business expenses incurred while traveling away from home for the period October 1, 2019, to September 30, 2020.
The IRS has released the 2019-2020 special per diem rates. Taxpayers use the per diem rates to substantiate certain business expenses incurred while traveling away from home for the period October 1, 2019, to September 30, 2020.
The IRS has released the 2019-2020 special per diem rates. Taxpayers use the per diem rates to substantiate certain business expenses incurred while traveling away from home for the period October 1, 2019, to September 30, 2020. Notice 2018-77, I.R.B. 2018-42, 601, is superseded.
The special meal and incidental expenses (M&IE) rates for taxpayers in the transportation industry are:
For purposes of the high-low substantiation method, the 2019-2020 special per diem rates are:
The amounts treated as paid–for meals, and the per diem rates in lieu of the rates described in Notice 2018-77 (the meal and incidental expenses only substantiation method), are:
Taxpayers using the high-low method must comply with Rev. Proc. 2011-47, I.R.B. 2011-42, 520.
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