IRS Notice: Travel Per Diem Rates for 2019-2020 (IRC §274)

Per diem rates used to substantiate amounts of ordinary and necessary business expenses incurred while traveling away from home for 2019-2020 announced September 25. Specifically: (1) the special transportation industry meal and incidental expenses rates (M&IE rates); (2) the rate for the incidental expenses only deduction; and (3) the rates and list of high-cost localities for purposes of the high-low substantiation method. For purposes of the high-low substantiation method, the per diem rates are $297 for travel to any high-cost locality and $200 for travel to any other locality within CONUS. The amount of the high rate and low rate ...