The IRS allows people who travel for business to deduct their meal expenses from their income. The Per Diem rate is set by the IRS. The current rate (as of October 1, 2015) is $63 per day in the Continental US and $68 per day while in Canada.You may hear the amount of the deduction quoted as $50.40.he IRS allows people who travel for business to deduct their meal expenses from their income. The Per Diem rate is set by the IRS. The current rate (as of October 1, 2015) is $63 per day in the Continental US and $68 per day while in Canada.
Qualified dividend. In the U.S. a qualified dividend is a type of dividend to which capital gains tax rates are applied. These tax rates are usually lower than regular income tax rates. In contrast, ordinary dividends that do not qualify for this tax preference are taxed at an individual's normal income tax rate.
Qualified dividends are the ordinary dividends subject to the same 0%, 15%, or 20% maximum... Publication 17 - Your Federal Income Tax (For Individuals) - How To Report Dividend Income. Qualified dividends.Report qualified dividends (Form 1099-DIV, box 1b) on line 9b of Form 1040 or Form 1040A....ualified dividends are the ordinary dividends subject to the same 0%, 15%, or 20% maximum... Publication 17 - Your Federal Income Tax (For Individuals) - How To Report Dividend Income. Qualified dividends.