Truckers' Trucking Forum | Message Board | Discussion - The Premier Truck Drivers Forum!  

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

Good Trucking Jobs - Forget Those CRAP Trucking Jobs & Find A Good Trucking Job!




Go Back   Truckers' Trucking Forum | Message Board | Discussion > The Owner Operators' Getaway > Ask An Owner Operator > Trucker Taxes

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

Important Truckers Forum Notice!

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
 
Thread Tools Rate Thread Display Modes
  #31  
Old 07.23.2008
RickG's Avatar
Medium Load Member
 
Last Seen: 6 Hours Ago 03.17 AM
Member Since: Jul 2008
Location: Owensboro , KY
Trucker? 30 Years
Posts: 332
My Trucking Photos: 0

Thanks: 9
Thanked: 48 Times
Quote:
Originally Posted by PeterbiltCouple View Post
After reading a lot of posts on here concerning per diem, I did some research on it to make sure we did things right. As mentioned in other posts, you have to weigh the pros/cons of that. But it works for us at times.

If you are spending the night out of town (or so many miles away from home) you can take per diem. My husband came up from FL to another state to work, so he can legally take per diem for the entire time (I think up to 8 months unless he permanently changes his address).
We decided to stay here. But even if he does change addresses he still spends some nights out of town, so he can be paid per diem for those times. It's all legal and the per diem still could not be considered when paying taxes or C.S. Although the company does have to show it to the IRS, but it's recorded separately.

Another bit of info: My husband's X's CS attorney asked for an accounting of MY income once. I'd heard that lawyers try to get that info and a lot of times do get it because people don't know the laws and think they have to provide it. Since the laws of that state say a new spouse's income may not be considered in CS, I knew he had no right knowing what my income was, so it wasn't provided.

To those who think ill of ones getting creative with income because of C.S. issues...
When you've gone hungry at times while on the road because your wife wouldn't forward you $ (saying she was broke at home, yet spending it on drugs & her family members), you've supported your family because you cared about them, you did everything "right" after divorcing (even when she lied to get on C.S., which caused you to get behind right from the beginning on something you didn't even owe on), paid C.S. even until after the "child' was grown and working (plus helped with extras, while you were constantly broke), and she wants to deliberately keep you in the poorhouse because she's not only greedy but angry for losing control of the funds & wants to punish you for leaving (even though she got the house, property, and all the trucks and you were left with nothing but the shirt on your back because she burned the rest of your work clothes); It's no wonder you end up feeling like you have to get creative with your income! I really feel for people in those situations, and am glad that there are some ways to work it out in your favor.
Per diem is considered when filing itemized deductions . Sometimes you may be eligible for more of a deduction than what the company paid per diem . You figure the deduction for all eligible days . The form will ask if you were reimbursed for any of that expense . Subtract your per diem and claim the balance . Last year I was paid $5200 per diem but was eligible for $6100 . I had a $900 deduction I could claim .
Back in '91 my wife split and left me with 3 teenagers and a mortgage . She filed for divorce a year later . The company I drove for gave a $100 advance on each load . Any money not used for tolls , etc. was deducted from your pay but not shown as income . They worked with me . I did 2 or 3 runs a week and used less than $50 in tolls . That gave me $150 - $250 a week that did not show on my pay stubs . I didn't pay alimony .
Reply With Quote
Remove This Ad By Registering. Join Our Truck Forum and Trucking Community For Free. Sponsored Links:

  #32  
Old 07.23.2008
Baack's Avatar
Trucker Forum STAFF
 
Last Seen: 2 Minutes Ago 10.14 AM
Member Since: May 2007
Location: Wisconsin
Trucker? Trucking Industry
Age: 40
Posts: 3,850
My Trucking Photos: 0

Thanks: 585
Thanked: 460 Times
Sure that will work, till she takes you back to court for an adjustment
Then you will have to show the years income and it will show up
Reply With Quote
  #33  
Old 07.23.2008
panhandleswife's Avatar
Florida Girl
 
Last Seen: 15 Hours Ago 06.42 PM
Member Since: Jan 2007
Location: panhandle fla ,
Trucker? Trucker Wife
Age: 38
Posts: 727
My Trucking Photos: 8

Thanks: 83
Thanked: 56 Times
Quote:
Originally Posted by danc694u View Post
I never quit paying mine, nor did I ever short it. But there was no order of civility in our divorce decree. And the Judge sided with me in my "contest" of her demands.

At least "I" still get invited to have dinner with "her" parents from time to time And I'm the one who always takes the kids to see them...or at least I used to. I still have dinner with them though, they've been good friends/family.

All is well that ends well in the end. Even if you still can't speak to the ex.






Yea i hear ya i still have contact with my x brother inlaw and sister inlaw but the kids know both of them and love there aunt and uncle but , the grand mom & dad are both dead now so i dont have to worry about then . as for him he's no where in any of there lives , its just fine with me he the one that missed out of some great kids .
__________________
What lies behind us and what lies before us are small matters compared to what lies within us.


Ralph Waldo Emerson
Reply With Quote
  #34  
Old 07.23.2008
RickG's Avatar
Medium Load Member
 
Last Seen: 6 Hours Ago 03.17 AM
Member Since: Jul 2008
Location: Owensboro , KY
Trucker? 30 Years
Posts: 332
My Trucking Photos: 0

Thanks: 9
Thanked: 48 Times
Quote:
Originally Posted by Baack View Post
Sure that will work, till she takes you back to court for an adjustment
Then you will have to show the years income and it will show up
It never showed up as income anywhere on my pay stubs or W-2's . That's what the court goes by . Did the company improperly write the expense off rather than showing it as my income ? Possibly . They paid a lot of drivers cash under the table and no they didn't send out 1099's for it at the end of the year . Yes , a disgruntled employee reported them to the IRS and they got heavy fines .
Reply With Quote
  #35  
Old 07.25.2008
PeterbiltCouple's Avatar
Bobtail Member
 
Last Seen: 1 Day Ago 07.36 AM
Member Since: Jan 2008
Location: Savannah, TN
Trucker? Trucker Wife
Age: 51
Posts: 23
My Trucking Photos: 1

Thanks: 2
Thanked 2 Times in 1 Post
I was advised that Per diem does not get put on the W-2 or 1099's.
Reply With Quote
  #36  
Old 07.25.2008
danc694u's Avatar
Road Train Member
 
Last Seen: 20 Minutes Ago 09.56 AM
Member Since: May 2007
Location: Mississippi
Trucker? 23 Years
Age: 48
Posts: 3,298
My Trucking Photos: 11

Thanks: 30
Thanked: 247 Times
Quote:
Originally Posted by PeterbiltCouple View Post
I was advised that Per diem does not get put on the W-2 or 1099's.
That is correct. It does not.

So your gross is lower. That's why folks love it so much for hiding money from the ex.

Down side. Your earnings are lower, so that makes your social security benefits lower. When you need them.
__________________
Just in case you forgot..

Right Lane -- Lookin and learnin
Left Lane -- Turnin and Burnin
Reply With Quote
Remove This Ad By Registering. Join Our Truck Forum and Trucking Community For Free. Sponsored Links:

  #37  
Old 07.26.2008
PeterbiltCouple's Avatar
Bobtail Member
 
Last Seen: 1 Day Ago 07.36 AM
Member Since: Jan 2008
Location: Savannah, TN
Trucker? Trucker Wife
Age: 51
Posts: 23
My Trucking Photos: 1

Thanks: 2
Thanked 2 Times in 1 Post
I do all the paperwork and billing for the company (which I actually own), but I have never paid myself for any work. I believe that the company can pay me for work provided, and it wouldn't show up as income for my husband, which in this state CSS cannot touch.
Reply With Quote
Reply

Truckers Forum Bookmarks - Like This Thread? Tell The World!

Truckers' Trucking Forum/Message Board
Truckers Accessories


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes Rate This Thread
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
Forum Jump

Similar Threads
Thread Thread Starter Trucker Forum Replies Last Post
What is he hiding?? Kalamity Jane Politics 18 06.04.2008 06.09 PM
Hiding All These Damn Wires? Help Please! dcedlr Electronic Connection 1 05.15.2008 06.56 AM
61 Mexican Illegals Found Hiding in Big Rig Near Border Cybergal Truckers News 9 05.07.2008 11.09 PM
Peeping Tom Arrested After Hiding Under North Carolina Man's Bed Cybergal News - NON Trucking News 1 02.14.2008 01.26 PM
Immigrants Found Hiding Behind Peppers Cybergal Truckers News 1 12.31.2007 09.36 PM


.


vBulletin Forum Software, Copyright ©2000 - 2008, Jelsoft Enterprises Limited.
Copyright © The Truckers Report - 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.


Search Engine Friendly URLs by vBSEO