What is the standard per diem deduction?
What is the standard per diem deduction? Federal per diem reimbursement rates consist of a maximum lodging allowance component and a meals and incidental expenses (M&IE) component. Most of CONUS (approximately 2600 counties) is covered by the standard per diem rate of $155 ($96 lodging, $59 M&IE).
Do you need receipts for per diem?
Per diem eliminates the need for employees to keep track of and submit receipts for individual expenses. This reduces the administrative burden on both the employee and employer.
Can you pocket per diem money?
Can you keep unused per diem? If your employer requires you to fill out a per diem expense report and reimburses your spending, then you won't have any leftover funds. But if your employer chooses to pay you a flat amount for per diem instead, then you're generally able to keep any money you don't use.