Trucker Tax Tips & Deductions

Discussion in 'Trucker Taxes and Truck Financing' started by WiseOne, Apr 2, 2007.

  1. Roadmedic

    Roadmedic Road Train Member

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    Current year dot percent is 80 and has been for a couple of years now.
     
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  3. darkfenix22

    darkfenix22 Bobtail Member

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  4. just g p

    just g p Light Load Member

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    May 20, 2013
    San Antonio, Tx
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    Hello I was wondering was the $52 a day that you speak of is that for food. I'm asking because I went to the IRS office for a question that I had, and basically the IRS lady told me that my log book is my receipt. Meaning I get credit for food and also another different credit for hotel as long as my log book shows that I'm off duty NOT in the sleeper birth. She also said that it depends on what city I'm in I can claim between $50 -$150 (small town or big city NYC). I just decided to claim my hotels at $50 just to play it safe, and the IRS lady said that it was ok to do it like that. Well I'm just sharing this with you guys/ladies and I hope this information helps someone out. Thanks
     
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  5. just g p

    just g p Light Load Member

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    ATM fees, that's one that I didn't think of.
     
  6. andre

    andre Medium Load Member

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    I will be claiming food as a deduction this year. I can't do per diem which leaves me itemizing pretty much everything. It kinda blows. Then again, I like being home every night, so, I guess its a tradeoff.
     
  7. TaxPhd

    TaxPhd Light Load Member

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    If you are home every night (and not in travel status), how will you be deducting food?
     
  8. andre

    andre Medium Load Member

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    Jacksonville, FL
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    Lunches. During the working day.
     
  9. TaxPhd

    TaxPhd Light Load Member

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    Sorry, not deductible.
     
    just g p and Roadmedic Thank this.
  10. Roadmedic

    Roadmedic Road Train Member

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    If they were everyone could do it
     
  11. jlkklj777

    jlkklj777 20 Year Truckload Veteran

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    Without taking a mandatory rest break (EG 10 hours away from your home domicile) you are ineligble for the transportation worker per diem.

    Local drivers and road drivers that return to their home terminal each night don't qualify for this write off.
     
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