Most of these 1099 companies know they can get over on some drivers simply because nobody else would consider given them a chance because of their records
1099 Contractor
Discussion in 'Experienced Truckers' Advice' started by jlawson1979, Nov 8, 2015.
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bentstrider83, 12 ga, rachi and 1 other person Thank this.
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Being a 1099 employee is good because you get your whole check and dont have to pay tax
jlawson1979 Thanks this. -
^^^^^^Those are the tax guys, they're coming for you!12 ga, Pumpkin Oval Head, chalupa and 2 others Thank this. -
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rachi and jlawson1979 Thank this.
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tax; under a withholding plan you only pay half.
I went through this several times in my life. The first year or so it seamed
great. Than my tax bill came.
As a company driver it is a really bad idea. As an O/O, leased to a company,
If you keep good records, if you keep your quarterly taxes paid, it can
work. Seldom does but a 1099 can work.
I agree 100%. If a company is offering a 1099 that is a huge red flag. If they
are so new, or so small they don't offer a real withholding plan, they
are a bad idea. About the only exception I have ever seen is sometimes
a well established company will hire one truck to deliver a special
product just for them. Maybe a special trailer is involved. They want
to concentrate on manufacturing and are willing to pay a really good
wage to the driver so they don't don't have to keep up with the
trucking side of the coin. -
G13Tomcat Thanks this.
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I have been a 1099 employee most of my life never been a problem plus i make alot more money instead of being taxed to death
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And dont forget state taxes have to paid quarterly on top of federal as well.
jlawson1979 Thanks this.
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