Hi, I'm just wondering how or why a company would hire a person to drive a COMPANY vehicle and pay them as a 1099 contractor? The reason why I ask is this sounds like a rip off for the driver especially when you can't claim business expenses for taxes. Please let me know what you think.
1099 Contractor
Discussion in 'Experienced Truckers' Advice' started by jlawson1979, Nov 8, 2015.
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It's illegal. Do a search- quite a few threads on here about it.
Sure sign to run the other way.....12 ga and jlawson1979 Thank this. -
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I was bored, so here's a good one-
http://www.thetruckersreport.com/tr...on-a-1099-the-real-story.275794/#post-4496720jlawson1979 Thanks this. -
It depends on the situation, honestly.
However 98.9% of the time it's not a good deal.jlawson1979 Thanks this. -
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We have some pretty staunch supporters on here also that will say running for someone on a 1099 is the greatest thing since the invention of the toaster. Seems shady to me, personally
bentstrider83, Ougigoug, 12 ga and 2 others Thank this. -
If you're a deadbeat trying to dodge a baby-momma and not pay taxes it's good. But you'll have hell to pay when it catches up to you.
The only other time it's a good deal is if you're being treated like an IC. As in picking when and where you work and getting compensated fairly (30~35%) and you're good at record keeping.jlawson1979 Thanks this. -
Lol, me too
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Running with a 1099 is a nightmare and a half. No taxes paid out of your check. No health insurance. You have an accident or get hurt on the job, you re on your own. Most of these companies are fly by night. Junk equipment, run over grossed loads, cheap brokered loads, and draws DOT attention frequently. Not to mention a lot of these companies are also Chameleon Carriers too
bentstrider83, rachi and jlawson1979 Thank this.
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