Truckers' Trucking Forum | Largest Class A Message Board - The Premier Truck Drivers Forum!  

Trucker MySpace - Truckers Making Friends. Chicken Truckers Come Meet Other Truckers!

Truck Trading Post - New Classified Ads Section! Post for Free, Sell Your Stuff Fast!

Go Back   Truckers' Trucking Forum | Largest Class A Message Board > The Owner Operators' Getaway > Ask An Owner Operator > Trucker Taxes
Reload this Page Trucker Tax Tips & Deductions
JOIN Forum Truckers Blogs FAQ Members List Calendar Mark Forums Read

Truckers' Trucking Forum/Message Board - The Premiere Truck Driver Forum

Trucker Taxes Discuss taxes specifically related to truckers and the trucking industry here. Owner Operators have some hard decisions when it comes to tax time, but so do company truck drivers. Give us your hints here! STOP Uncle Sam from ravaging your wallet.

Reply
Page 10 of 14 123456789 10 11121314
 
Thread Tools Rate Thread Display Modes
  ^ Top   #91  
Old 01.17.2009
Bobtail Member
  
Last Seen: 3 Days Ago 05.07 AM
Member Since: Nov 2007
Location: columbia,tennessee
Trucker? 5 Years
Age: 35
Posts: 12
My Trucking Photos: 0

Thanks: 0
Thanked: 4 Times
Taxes
Can someone point or tell me where I can find any info as to what I can claim on my taxes as far as supplies and so on.Any info would greatly be useful.Thanks
Reply With Quote
Remove This Ad By Registering. Join Our Truck Forum and Trucking Community For Free. Sponsored Links:

  ^ Top   #92  
Old 01.17.2009
Roadmedic's Avatar
Truck Forum Supporter
  
Member Since: Apr 2007
Location: Illinois
Trucker? 10 Years
Posts: 9,304
My Trucking Photos: 0

Thanks: 720
Thanked: 1,649 Times
Quote:
Originally Posted by ctank9200 View Post
Can someone point or tell me where I can find any info as to what I can claim on my taxes as far as supplies and so on.Any info would greatly be useful.Thanks

How about starting on page one of this thread.
Reply With Quote
  ^ Top   #93  
Old 01.27.2009
Bobtail Member
  
Last Seen: 01.27.2009 11.36 AM
Member Since: Jan 2009
Location: Rathdrum, Id
Trucker? 14 Years
Posts: 2
My Trucking Photos: 0

Thanks: 0
Thanked: 0 Times
I was wondering, is it a deduction on that HVUT 550.00 a year?
Reply With Quote
  ^ Top   #94  
Old 01.27.2009
Bobtail Member
  
Last Seen: 01.27.2009 11.36 AM
Member Since: Jan 2009
Location: Rathdrum, Id
Trucker? 14 Years
Posts: 2
My Trucking Photos: 0

Thanks: 0
Thanked: 0 Times
Quote:
Originally Posted by Roadmedic View Post
How about starting on page one of this thread.
I usually deduct everything except tobacco products, and alchohol. But just about everything including theater ticketts if your on the road its a deduction.
Reply With Quote
  ^ Top   #95  
Old 01.27.2009
PeterbiltCouple's Avatar
Light Load Member
  
Last Seen: 4 Weeks Ago 04.09 AM
Member Since: Jan 2008
Location: Savannah, TN
Trucker? Trucker Wife
Age: 52
Posts: 62
My Trucking Photos: 1

Thanks: 11
Thanked: 11 Times
Question about recording and paying per diem
If I'm doing the books for my corp, how would I record paying a driver per diem?

Say if he came from another state and stayed here during that time to drive for my company for 8 months then went back home, could everything he was paid be recorded per diem?
I haven't had to deal with that yet, but I guess the taxperson would know where to fill in the per diem info when doing my taxes.

Thanks.
Reply With Quote
  ^ Top   #96  
Old 01.28.2009
ziggystyles's Avatar
Road Train Member
  
Last Seen: 1 Day Ago 12.43 AM
Member Since: Jul 2007
Location: Somewhere in the Mind of God.
Trucker? 1 Year
Age: 31
Posts: 1,343
My Trucking Photos: 0

Thanks: 30
Thanked: 163 Times
Quote:
Originally Posted by PeterbiltCouple View Post
If I'm doing the books for my corp, how would I record paying a driver per diem?

Say if he came from another state and stayed here during that time to drive for my company for 8 months then went back home, could everything he was paid be recorded per diem?
I haven't had to deal with that yet, but I guess the taxperson would know where to fill in the per diem info when doing my taxes.

Thanks.
Im not a tax person...but I think if a person moves to another state for x period of time, even to work there....they are considered a resident of that state. Per diem might not be applicable....not sure.
__________________
"You Americans are so gullible. No, you won’t accept Communism outright. But we will keep feeding you small doses of socialism until you finally wake up and realize you already have communism. We won’t have to fight you; we’ll so weaken your economy that you will fall like over ripe fruit into our hands."
Former Soviet Premier Nikita Kruschev
Reply With Quote
Remove This Ad By Registering. Join Our Truck Forum and Trucking Community For Free. Sponsored Links:

  ^ Top   #97  
Old 01.28.2009
Roadmedic's Avatar
Truck Forum Supporter
  
Member Since: Apr 2007
Location: Illinois
Trucker? 10 Years
Posts: 9,304
My Trucking Photos: 0

Thanks: 720
Thanked: 1,649 Times
Quote:
Originally Posted by PeterbiltCouple View Post
If I'm doing the books for my corp, how would I record paying a driver per diem?

Say if he came from another state and stayed here during that time to drive for my company for 8 months then went back home, could everything he was paid be recorded per diem?
I haven't had to deal with that yet, but I guess the taxperson would know where to fill in the per diem info when doing my taxes.

Thanks.
Where is your tax home?
(Tax home is the registered voting place of residence, where you have rent or mortgage obligations, utilites and family if married.)

There are many construction people that travel and work on site at the locations. They may be there for 3-6 months. They have the ability to the per diem or the actual cost for the time away from their tax home.
Reply With Quote
  ^ Top   #98  
Old 01.28.2009
PeterbiltCouple's Avatar
Light Load Member
  
Last Seen: 4 Weeks Ago 04.09 AM
Member Since: Jan 2008
Location: Savannah, TN
Trucker? Trucker Wife
Age: 52
Posts: 62
My Trucking Photos: 1

Thanks: 11
Thanked: 11 Times
My tax, place of business is TN. The driver's is FL. (If he came here to drive for a certain number of months, then went back to FL). I was just wondering if I had them do it that way, how I'd record it in the books. I'd pm you, but I don't think I'm up to enough posts yet. Thanks.
Reply With Quote
  ^ Top   #99  
Old 01.28.2009
Roadmedic's Avatar
Truck Forum Supporter
  
Member Since: Apr 2007
Location: Illinois
Trucker? 10 Years
Posts: 9,304
My Trucking Photos: 0

Thanks: 720
Thanked: 1,649 Times
Quote:
Originally Posted by PeterbiltCouple View Post
My tax, place of business is TN. The driver's is FL. (If he came here to drive for a certain number of months, then went back to FL). I was just wondering if I had them do it that way, how I'd record it in the books. I'd pm you, but I don't think I'm up to enough posts yet. Thanks.
Is he driving OTR?
In order to do per diem, you have to have a plan in place. Otherwise, pay the driver and let him figure it out.
Reply With Quote
The Following User Says Thank You to Roadmedic For This Useful Post:
PeterbiltCouple (01.28.2009)
  ^ Top   #100  
Old 01.28.2009
PeterbiltCouple's Avatar
Light Load Member
  
Last Seen: 4 Weeks Ago 04.09 AM
Member Since: Jan 2008
Location: Savannah, TN
Trucker? Trucker Wife
Age: 52
Posts: 62
My Trucking Photos: 1

Thanks: 11
Thanked: 11 Times
Quote:
Originally Posted by Roadmedic View Post
Is he driving OTR?
Yes.
Quote:
Originally Posted by Roadmedic View Post
In order to do per diem, you have to have a plan in place. Otherwise, pay the driver and let him figure it out.
Oh ok. I was wondering about that. Thank you. I appreciate the advice.
Reply With Quote
Reply
Page 10 of 14 123456789 10 11121314

Truckers' Trucking Forum/Message Board

« hiring a co-driver | - »

Currently Active Users Viewing This Thread: 2 (1 members and 1 guests)
bangngears
Thread Tools
Display Modes Rate This Thread
Linear Mode Linear Mode
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Trucker Forum Replies Last Post
So Much For My Deductions? BearGator56 Trucker Taxes 8 01.22.2008 10.08 PM
Get Those Deductions! BearGator56 Trucker Taxes 4 12.23.2007 02.14 PM
tax deductions barkhorn45 Trucker Taxes 11 10.29.2007 01.06 AM
tax deductions for truckers Thomas0810 Questions From New Drivers 2 09.27.2007 05.53 AM
Tax Deductions rdubill Questions From New Drivers 7 01.23.2007 05.48 PM


.

The Truckers Report - Trucker Photo Gallery - Contact Us - Truckers Forum - Privacy Statement - Top

vBulletin Forum Software, Copyright ©2000 - 2008, Jelsoft Enterprises Limited.
Copyright © TheTruckersReport.com - Trucking Forum & Message Board - Truck Driver Discussion - Truck Forum

Trucker Forum Disclaimer: All content, information and opinions (collectively, the "Material") presented on Our Trucker Forum Discussion Board at TheTruckersReport.com are those of the authors of posts and messages (collectively, the "participants") and not The Truckers Report. The Truckers Report does not guarantee the reliability, completeness, accuracy, timeliness or up-to-date-ness of the material presented on the Truck Driver Forum. The material is published "as is," and does not represent the official views and opinions of The Truckers Report or any company. Any reliance upon the Material presented on these forums shall be at User's own risk. The Truckers Report does not review the substance of the content posted by users on these forums and is therefore not responsible for any of such content. The Truckers Forum merely provides a space for its users to express and exchange their own opinions. Privacy Statement.


Search Engine Friendly URLs by vBSEO