Do not turn this thread into a political thread because it will get shut down. We all know that. A certain bill has passed. In that bill there’s an no income taxes on tips and overtime. Most of us as OTR drivers don’t get tips and we get paid by the mile, but by every definition of the word “overtime” most of us put in an accumulative amount of hours during an average week that would double what constitutes overtime…Compared to what a Monday to Friday worker would put in. Per my calculations based simply on federal laws as they pertain to hours worked in a week and what constitutes overtime pay, Daily as well if you will… it means about 45% of our pay should not be federally taxable. Something tells me it’s not going to work out that way for us because it never does. Lol. It should, but it probably won’t unless I’m missing Something?
I think with this new law in effect, it is going to push hard from drivers to get their companies to switch to hourly pay rather than by the mile. Because those companies that do would be saving their drivers literally thousands of dollars per year in taxable income.
TAX changes for us?
Discussion in 'Experienced Truckers' Advice' started by Lennythedriver, Jul 3, 2025.
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