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loricatus 8,407 Views

Joined Sep 17, '05. Posts: 2,012 (45% Liked) Likes: 2,264

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  • Sep 20 '16

    Quote from xxJohnnyTxx
    ive been looking into travel nursing. im not sure the rules for each company but one did explain it well.since i live in staten island and nyc is within a 50 MILE RADIUS, the travel nurse rate is going at about $2600 per month in the new york city area which SINCE I LIVE WITHIN THIS 50 MILE RADIUS the check is given exclusively to me and i can choose to spend it as i wish.....either get an apartment closer to the hospital or simply use it as traveling expenses or whateverrr it is youd like to get there. if you are not within the 50 mile radius it does not go into your hands and do not have this option. it is a greatttt idea since rent is so expensive in new york!!
    Sorry, you either heard this wrong or the company is scamming you. First, the 50 miile rule (which really is a misnomer) is used by some companies & hospitals for not paying housng for a traveler. They base this on the IRS 50 mile rule for a job related moving deduction & it has no real bearing on whether or not the IRS recognizes your eligibility for meals, housing, incidentals (referred to as tax advantage by many companies). The IRS rule states that the assignment must be far enough away from your tax home to make it unreasonable to return to the tax home at the end of the workday. If so, they you qualify for tax free housing and a per diem, providing that you pay for upkeep on your tax home (primary residence) while on your travel assignment. If you do not maintain this primary resience/tax home, or do not have one, then you are classified as an itinerant worker and MUST be taxed on all compensation, including the provided housing.

    What I think you were referring to was a housing stipend, which any traveler can take instead of being provided housing from the company. This is what I have opted for on all my travel assignments. But, it has nothing to do with the 50 miles, it is just an option that would be more feasable to someone trying to do a local travel contract. However, if you are not moving away from your primary residence for the assignment, you must pay full taxes on this stipend or chance hefty fines & penalties from both the IRS & the NYS Dept of Taxation and Finance-not a pleasant thing to go through.

    Be very careful trying to take a local travel assignment. Find a travel tax expert to go over the possible ramifications before signing that type of contract.

  • Mar 15 '16

    Lately, it is so hard getting references that I am tempted to start a business called 'Rent-A-Reference' to overcome the problem many of us are having. What do you think about my idea?