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    360jimmy's Avatar
    360jimmy Posts: 1, Reputation: 1
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    #1

    Feb 2, 2010, 04:47 PM
    Independent contractor receives per diem
    I work as an independent contractor for only two different companies. My M&IE are paid with a per diem per out-of-town job (3 to 5 days max). I understood that since I am NOT an employee, the per diem was mine to use for the M&IE & that I did not have to produce receipts to justify my use. I also understood that the co. could use the per diem as their tax deduction & that I could not use any of the receipts toward my tax deductions. What the reality?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Feb 3, 2010, 03:47 AM

    If you are paid per diem, you can not take tax deduction unless per diem payment is reported on your 1099-misc.
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