Taxpayers who incur expenses while traveling away from home have new per-diem rates to use in substantiating certain of those expenses.
Since the cost of travel can vary depending on where and when you're going, there are special rates for certain destinations under Notice 2020-71.
For purposes of the high-low substantiation method, the per diem rates are $292 for travel to any high-cost locality and $198 for travel to any other locality within the continental U.S. The meals and incidental expenses only per diem for travel to those destinations remain $71 for travel to a high-cost locality and $60 for travel to any other locality within the continental U.S.
The new rates are in effect from Oct. 1 to Sept. 30, 2021.