Tax Help..... What Form

Discussion in 'Ask An Owner Operator' started by KoolKid, Mar 16, 2017.

  1. KoolKid

    KoolKid Light Load Member

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    Jun 15, 2008
    Arkansas
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    Hey there drivers! A few years ago I did a lease purchase (mistake of my life) and have put off doing taxes for that year until now.

    The lovely IRS withheld my income tax this year as they say I owe them $12k. I just got my disk from ATBS the Trucking Accounting company so I can make that $12k into a negative amount.

    I understand I can deduct my fuel, truck payments, and other related things that are all on my disk from ATBS. However, what form do I use? I did some Googling and found Schedule C? The small business proprietor form but see nowhere I can add my deductions.

    Does anyone have experience with this that can help? Let me know what form(s) I need?

    Thank you in advance.
     
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  3. Mark Kling

    Mark Kling Technology Contributor

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    CPA or Accountant..
     
    RustyBolt and tscottme Thank this.
  4. RustyBolt

    RustyBolt Road Train Member

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    Feb 21, 2015
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    Agree with the above. You're better off dropping $ on a professional. Otherwise, you have a good chance of doing them wrong and wind up getting audited. You don't want that at all.
     
  5. Ridgeline

    Ridgeline Road Train Member

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    why don't you have ATBS do it for you?
     
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