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Per Diem and W-2's
I had been advised in the past to include per diem to my drivers on their W-2's. Can anyone tell me which line item the per diem amount goes on the W-2? Do I have to list this amount as Per Diem paid on the W-2 also? I am assuming so but just not sure where exactly to put the amount paid to the driver for per diem. I understand as long as the amount is within the federal guidelines it doesn't have to be on the W-2 but have also had an accountant in the past recommend that it be included on the W-2's. Thanks for all help!
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If you pay your driver's per diem and do NOT require them to file expenses reports, you are operating a non-accountable plan, which means the per diem IS considered taxable income.
If you reimburse the driver's based on expense reports, then the reimbursement is for expenses incurred and is NOT taxable. You include the per diem in Box 1 of the W-2, but NOT box 3 and 5. |
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