Truckers Report Jobs

Find Trucking Jobs

Company Driver Company Driver Dry Van Dry Van Flatbed Flatbed Refrigerated Refrigerated Specialized Specialized Owner Operator Owner Operator
More Trucking Job Searches ⌄ Fewer Trucking Job Searches
⌃

O/O Taxes

Discussion in 'Ask An Owner Operator' started by hawkjr, Feb 3, 2014.

  1. Feb 3, 2014 #1
    hawkjr

    hawkjr Road Train Member

    1,652
    638
    Feb 28, 2010
    Virginia
    0
    Of course I'm an 1099 through Landstar but I have to ask this question, When paying my taxes do I need to subtract anything such as Fuel, Maintenance Cost, Etc from the total of my income for 2013? In other words, do I just pay on my profits? First time filling this way...
     
    hawkjr, Feb 3, 2014
    hawkjr, Feb 3, 2014
    #1
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Feb 3, 2014 #2
    hilliard

    hilliard Light Load Member

    78
    61
    Sep 13, 2009
    hilliard, oh
    0
    Last edited: Feb 3, 2014
    hilliard, Feb 3, 2014
    hilliard, Feb 3, 2014
    #2
  4. Feb 3, 2014 #3
    vangtransport

    vangtransport Heavy Load Member

    863
    2,837
    Apr 14, 2009
    0
    I would suggest seeing a accountant if you are unsure of how to file correctly. You may wind up paying allot more then what is needed. There is depreciation assuming you own the truck/trailer, allot of things you can claim. When in doubt ask a professional!!
     
    vangtransport, Feb 3, 2014
    vangtransport, Feb 3, 2014
    #3
  5. Feb 3, 2014 #4
    admhays

    admhays Light Load Member

    57
    9
    Oct 17, 2013
    0
    Uncle Sam gonna get his cheddar
     
    admhays, Feb 3, 2014
    admhays, Feb 3, 2014
    #4
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.