Originally Posted by
cni187
80 this is a question to you and all the other guys/gals on here getting these tax reports. What do these reports add up? What is the end game on your tax return? Is this the travel, meals, blah blah blah Miscellaneous Deductions from PUB 521 of the IRS? If so does this make a difference on your tax return? I'm not looking for tax advice I'm just curious that if you're a line holder does this make a difference on your tax return?
My understanding is (not a tax guy, why I take them to someone) is you get the difference between your perdiem and what the State Dept says you should get in a city. IE, I've heard that Tokyo should be around $200 per day.
The report I got back from prodiem showed an $11,000ish biz deduction for last year (less than the year before when I was mostly in Asia). I asked my tax guy if it was worth the $59 that prodiem charged me and he assured me it was.
Ferd