If you make $40k as an O/O, you have to pay 10k in federal income tax?

It is a gray area. You are technically returning to the home terminal. However, the amount of the time out would not be a substantial figure and most likely you would not be in a problem area. It could be lost on the audit, but most likely overlooked by the dollar amount.

 

I could be wrong, would not be the first time nor the last, I just know she took the allowed deductions, she always explains what for, but my brain short circuits after the first few minutes of her throwing numbers at me and I go numb, but she is great at what she does and she does everybody including two mayors with never a problem and I live in a very rural area so if somebody had a problem everybody in the county would know before the day was out. I trust her, i have been through one audit and never want to go through another one, so I will let those who know what they are talking about to correct me when I am wrong, did not mean to pass on bad info if it is.

 

H and R block is a joke, i learned this after my first year. Get yourself a real accountant that has experience with big-truck drivers, it'll do you a world of good. Make it as personal as you can, be his friend. Worked out great for me.

 

I can only speak from my exp. But I don't care for them or use them.

Please find a trucking person to do your taxes don't go to H & R if anything is in the gray area they will lean toward the irs... find you someone else. they don't always give you the right allowance for the day.

I had a sullvians go back 3 years on the H & R block and they got me back 3000 dollars on things they cheated me on.

check out white line in flordia or someone. NEVER EVER go with H and R. They just aint good enough when it comes to trucking.

jacks
And when you do find someone have them go back a few years and see if they can find you some money that you were cheated out of.

 

Wow you need to contact my tax man he might be able to even get you a refund For future references don't ever go to h@r Block!