DEFINITION of 'Closing Points'. Points that are paid at the time of closing of a mortgage transaction. Closing points are paid to either the lender or the broker, and one point equals one percent of the total loan amount. Closing points are also known as discount points or mortgage points.oints that are paid at the time of closing of a mortgage transaction. Closing points are paid to either the lender or the broker, and one point equals one percent of the total loan amount. Closing points are also known as discount points or mortgage points.
50% usually for the rest. Truckers usually are allowed 80% of a $59 per diem rate. While the rest are allowed 50% of a $46 per diem rate. Some locales have higher rates, and exceptions can apply, but generally the $59/$46 and 80%/50% rates will apply to most circumstances.You may wish to research more if the trucker is self employed, or an employee etc.hile the rest are allowed 50% of a $46 per diem rate. Some locales have higher rates, and exceptions can apply, but generally the $59/$46 and 80%/50% rates will apply to most circumstances.
NO, you need to amend your statement again. The per diem rate change took effect during the 2010 tax year. The correct rate for truck drivers for the 2012 tax year is 59./day for the entire year and a driver can deduct 80% of any un-reimbursed meal expenses.he statdard rate for per diem (meals) for 2014 is $59 for transportation workers. As a truck driver, assuming he is subject to the DOT hours of service rules, he can deduct 80% of that without saving receipts.