Meal Deductions

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Designed specially for the professional trucker.

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For taxable years beginning after 1997, the deductible percentage for these expenses is:

For Taxable years beginning in calendar year:	The applicable percentage:
1998 or 1999	55%
2000 or 2001	60%
2002 or 2003	65%
2004 or 2005	70%
2006 or 2007	75%
2008 or thereafter	80%

The chart below indicates the applicable percentage for the deductible portion of medical premiums:

For Taxable years beginning in calendar year:	The applicable percentage:
2001	60%
2002	70%
2003	100%