IRS Issues Per Diem Rates for the Transportation Industry for 2025

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  • 12/9/2024

The IRS has issued special per diem rates for the transportation industry for 2025, with the new rates effective October 1, 2024.

The IRS has issued special per diem rates for the transportation industry for 2025, with the new rates effective October 1, 2024.

After freezing rates for 2024, the IRS significantly increased rates for 2025 up to $80 from $69 for travel in the continental United States and up to $86 from $74 for travel outside the continental United States.

A reminder — per diems are now 80% deductible, a change that started in January 2023.

Get more details in this IRS notice.

This blog contains general information and does not constitute the rendering of legal, accounting, investment, tax, or other professional services. Consult with your advisors regarding the applicability of this content to your specific circumstances.

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