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.
The per diem rate for meals as of 2011 is 80 percent of $59 per day in the continental United States and 80 percent of $65 per day if you travel to Canada or Mexico. The IRS requires you to keep track of your per diem expenses in order to receive the per diem deduction.Truck drivers should maintain a daily log that itemizes the number of days you traveled away from your home. At the end of the year, you will need to total your daily log to determine your total per diem deduction.he per diem rate for meals as of 2011 is 80 percent of $59 per day in the continental United States and 80 percent of $65 per day if you travel to Canada or Mexico. The IRS requires you to keep track of your per diem expenses in order to receive the per diem deduction.