I took my 1099 to H&R Block and filed my taxes, the tax preparer told me that since I didn't pay any taxes that I wouldn't get a return, even though I have more than 25k in deductions, expenses. is that the case?
filling taxes
Discussion in 'Trucker Taxes and Truck Financing' started by anunodisooo1, Jun 23, 2012.
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That "return" people get is actually just a refund of the amount which had been overpaid throughout the year when they gave the government an interest-free short term loan. If you didn't pay anything, you won't get a check from the government. If anything, you will get a bill for taxes owed...and possibly for penalties and interest on what you SHOULD have paid them over the course of the year.
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that is necessarily true you can get a return based on rolling avg over a number of years stipulated by a REAL accountant
particularly credits for children or if your earnings dipped in half
consult a real accountant not a bunch of dumb truckers including me -
Could be that the driver thought he had a w-2 and was surprised to find out differently.
Could be the driver is single and no other deductions available.
Could be there are kids and they missed them.
Nothing like a part of the story to make a judgement call. -
never,never use h+r block like the other driver said get a real accountant
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i made a judgement over asking truck drivers advice on irs issues
i suppose i could answer questions on rocket science too -
There are some that know and many that don't.
My comment is directed at the fact, that the op, only gives part of a story for many on here to consider. -
And rocket surgery, for that matter.
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Just because a person happens to drive a truck, doesn't necessarily mean they don't know anything else outside of truck driving. Many are fully capable of filing their own tax returns, and some even prepare tax filings for others. A few have even been CPA's before changing careers.
If you view truck drivers so poorly...portraying them in such a negative light...why did you decide to drive a truck? What does that say about you?
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