Oh yeah, something I want to share with followers.. As of last week I opted out of the per diem thing. So from now on they will not be taking 2 cents of pay away from me. So this is my thinking on this. Since I'm not getting per diem anymore I will be taxed a lot harder or whatever right. Meaning my pay checks after taxes will be a lot smaller. So here is what I've done I looked at my pay weeks where I grossed like 1509 dollars for the week and made a note of what my bet pay ended up being while being in the per diem. Well since I've opted out of the per diem I've added a extra exemption on my federal with holdings, so I was claiming 1 already but now I'm claiming 2. I will follow my pay and see if the net pay stay around the same as it did while in the per diem program. I might need to add another or withdraw in the coming weeks. I just gotta study pay and try to figure this out. I opted out because I don't wanna give 2 cents to the company any longer. I also don't care for huge refunds at tax time every year. I still wanna get good net pay every week. So I'm thinking I can just set my dependent number claimed to make my pay pretty much stay the same every week just like it was while in the per diem and at end of the year I should be able to claim the 63 dollars a day per diem standard rate deduction and not get any money back but not have to pay any in. Now I am in no way if my train of thought behind this is correct. If you read this and have any advice or if I'm doing this completely all wrong (please) reply to this and explain what I should do. I just made these changes and I would like to correct this if I need to as soo. As possible. Thanks guys
Example of Schneider tanker pay
Discussion in 'Tanker, Bulk and Dump Trucking Forum' started by 19d, Apr 6, 2017.
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@garyray123 - here's a good thread on Schneider Bulk.
19d Thanks this. -
Chinatown Thanks this.
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Oh and I would also like to add that even though I like working at SNBC and plan on staying here for who knows how long. If I ever decided to go to a new company to work otr it would be Supperior. They have a terminal closer to my house and I've talked to several really good guys that currently work there and it is definitely a great company to work and stay with. I say this so people know I don't just boost the company I work for I put out all the information and opinions I have in my thread about work as a tanker yanker.
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See ya in Durham.MarkH129 and Mortarmaggot Thank this. -
That's hows it done! I had 6 exemptions for 2015 (my last year as a co. driver with a w2) and still got a federal refund, I owed the state like $100. Just keep track of how many days you sleep in the truck and that will be your per diem deduction for the year.MarkH129 Thanks this. -
@19d, Thanks for the thread. Lots of useful information.
rhouston24 and 19d Thank this. -
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