Thread: Income Tax Help
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Old 02-05-2015, 01:57 PM   #8
Locke
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Quote:
Originally Posted by squiggs96 View Post
In before Locke!

Also, why would you want to claim the $18 as income that you weren't given. That's just raising your income and taxes for money you never received.
Curses! I was too caught up in the "Great Evander Kane Debacle of 'ought 15."

Quote:
Originally Posted by true#1center View Post
I work in the oilfield and get paid meal sub. I heard that people have claimed the portion that they were not given on income tax time. I was wondering if this is possible? We are given 40$ when over night and I heard that the company is given 58$ or so. Am I entitled to that other 18$?
Are you actually asking if you can take the $40 you're paid and then go to your company and ask them to pay you the outstanding $18? I'm not quite clear on what you're asking so I'm going to make a few assumptions:

I dont know exactly where you got the $58 number, I do know that the standard allowable rate for the transport industry is $51/day, but thats a meals deduction and not a subsidy payment and not relevant outside of the transportation industry.

If its just a daily meal subsidy for out of town work then the answer is no.

So, based on my assumptions here is your answer:

If you are entitled to the $51/day meal deduction as outlined in the eligible transportation industry regulations but your company pays you a $40 per day meal subsidy then yes, you may deduct the outstanding amount.

If you are not eligible for deductible meals as a transportation employee then no. You're screwed.

Speaking of screwed.....my invoice has been PM'ed!
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