Schneider chat room - Closed see new thread linked in the last post

If you have your withholding set up properly, no. If you have significant sources of other income (stocks, second job, etc) then maybe.

I would suggest however you get of per diem by the end of 2012 if possible (makes things easier tax wise to change at year end). The way that SNI does per diem ends up hurting the driver in the long run. You end up paying less in taxes but also earning less which washes out any benifit for MOST drivers. Talk to a tax professional to be sure, then get the hell off per diem. A chart follows for your edification.


[TABLE="width: 1434"]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD]
[/TD]
[TD]Per Deim [/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD]Non Per Diem[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD]
[/TD]
[TD]Opting Out[/TD]
[/TR]
[TR]
[TD]Paid Miles
[/TD]
[TD]Days Out[/TD]
[TD][/TD]
[TD]Pay Rate[/TD]
[TD]Per Diem Rate[/TD]
[TD]Tax Rate[/TD]
[TD]Taxable Income[/TD]
[TD]Total Income[/TD]
[TD]Tax Paid[/TD]
[TD]After Tax Income[/TD]
[TD][/TD]
[TD]Taxable Income[/TD]
[TD]Total Income[/TD]
[TD]Tax Paid[/TD]
[TD]After Tax Income[/TD]
[TD][/TD]
[TD]Earns You[/TD]
[/TR]
[TR]
[TD]100000[/TD]
[TD]250[/TD]
[TD][/TD]
[TD]$0.30[/TD]
[TD]$0.14[/TD]
[TD]0.15[/TD]
[TD]$14,000[/TD]
[TD]$28,000[/TD]
[TD]$2,100[/TD]
[TD]$25,900[/TD]
[TD][/TD]
[TD]$18,200[/TD]
[TD]$30,000[/TD]
[TD]$2,730.00[/TD]
[TD]$27,270.00[/TD]
[TD][/TD]
[TD]$1,370.00[/TD]
[/TR]
[TR]
[TD]110000[/TD]
[TD]275[/TD]
[TD][/TD]
[TD]$0.30[/TD]
[TD]$0.14[/TD]
[TD]0.15[/TD]
[TD]$15,400[/TD]
[TD]$30,800[/TD]
[TD]$2,310[/TD]
[TD]$28,490[/TD]
[TD][/TD]
[TD]$20,020[/TD]
[TD]$33,000[/TD]
[TD]$3,003.00[/TD]
[TD]$29,997.00[/TD]
[TD][/TD]
[TD]$1,507.00[/TD]
[/TR]
[TR]
[TD]120000[/TD]
[TD]300[/TD]
[TD][/TD]
[TD]$0.30[/TD]
[TD]$0.14[/TD]
[TD]0.15[/TD]
[TD]$16,800[/TD]
[TD]$33,600[/TD]
[TD]$2,520[/TD]
[TD]$31,080[/TD]
[TD][/TD]
[TD]$21,840[/TD]
[TD]$36,000[/TD]
[TD]$3,276.00[/TD]
[TD]$32,724.00[/TD]
[TD][/TD]
[TD]$1,644.00[/TD]
[/TR]
[TR]
[TD]130000[/TD]
[TD]325[/TD]
[TD][/TD]
[TD]$0.30[/TD]
[TD]$0.14[/TD]
[TD]0.15[/TD]
[TD]$18,200[/TD]
[TD]$36,400[/TD]
[TD]$2,730[/TD]
[TD]$33,670[/TD]
[TD][/TD]
[TD]$23,660[/TD]
[TD]$39,000[/TD]
[TD]$3,549.00[/TD]
[TD]$35,451.00[/TD]
[TD][/TD]
[TD]$1,781.00[/TD]
[/TR]
[TR]
[TD]140000[/TD]
[TD]350[/TD]
[TD][/TD]
[TD]$0.30[/TD]
[TD]$0.14[/TD]
[TD]0.15[/TD]
[TD]$19,600[/TD]
[TD]$39,200[/TD]
[TD]$2,940[/TD]
[TD]$36,260[/TD]
[TD][/TD]
[TD]$25,480[/TD]
[TD]$42,000[/TD]
[TD]$3,822.00[/TD]
[TD]$38,178.00[/TD]
[TD][/TD]
[TD]$1,918.00[/TD]
[/TR]
[/TABLE]

 

You can always look on the bright side,with a low taxable income like that you now qualify for food stamps...lol

 

i'm fixing to get on running out of louisville, ky doing the 7 on 3 off. anyone know if you do slip seating or get your own truck. and any extra if would be apprecated

 

Don't forget to add the .02 cents fee sni charges for doing per mike per diem

 

Can u change it right away or do I have to wait? Anyways I don't have any stocks and I'm single so I put 1 on my dependents. That's about it.

 

You can change your W-4 ANY TIME.

 

required to be on for 3 months. so from the day you got your driver number add 90 then get with your dbl. Simple form to opt out.

 

Anybody have any comments about the Military Apprenticeship Program? Gonna be joining the Schneider family next month.

 

You have to fax a form you get from your dbl to do it, and you should do it prior to 90 days to have it effective on day 91

 

Thanks for the info, weird, it's almost been 2 months already, time flys!

Byw: my bunk webasto heater stopped working lol. The night actually left it on for more than half the night, the next day it stopped working. What's up with that smh. It's an old rig, hope they can fix it when I drop it off on Friday or Saturday.