Driving personal vehicle 150 miles to your rig? Is it deductible?

It is not a tax break that I know of.

 

It has to be business related to running your truck..coming off hometime, driving to your truck doesnt count, or leaving your truck at a truck stop and renting a car or using uber to sightsee, go to the mall or go out to eat, that wouldnt count either. If you have your truck in the shop and you use a taxi to get yourself to a hotel and back..that would qualify..

 

owner operator it is. company drivers no . I had a driver and we did slip seat on a truck that was either at my house or his 25 miles away i had a pickup truck that we drove back and forth ( he would take the semi out and park at my house and take the pickup home then I would drive the semi and park at his house when I was done and drive the pickup home )..... took the standard mileage rate plus depriciated the cost of the truck it helped both of us i had a great deduction and he had all his commuting miles free as an untaxed benefit

 

Yep. Only if you're the owner.

For years I heard car payments and interest could be deducted and what not.

Only if it's for your business. And used for your business does some of it apply.

 

Commuting isn’t deductible. But if you buy some parts or somehow make it business related then it would be. But you’d have to log your miles and keep track of what is personal and what is business.

 

Ok this isn't advice but something that came up in an audit ten years back.

A driver of a carrier - does not matter if they are 1099 or w2 - has to drive 200 miles to and from the carrier's yard for the truck.

He does this three times in a three month period.

So he uses the mileage for this at .45 cents a mile and takes it when tax time comes around.

Now why he took it and why it was accepted at an audit is the following reasons:

1- the carrier allowed him to take the truck home for his home time.

2 - the maintaince for the truck took place at the carrier's yard, no other place.

3 - while he could take the truck home, he also was dispatched from his home as a regular occurance.

Number 3 being most important, but the 1st one allows number 3 to happen, as the norm, he is dispatched at his house.

Now I know others will call bs on this but as I said it was discussed as part of an audit and it was the auditor who told us about the situation, but your accountant will explain what really can be done and can't be done,

 

You need to call OOIDA business service dept. They will connect you to someone who does accounting and taxes for a living.
Imho I would think you could deduct, going home and back to truck. When leaving the truck going home, you are going to your office (business related)
When leaving the house going to the truck. Your going to work also (business related)
But why as a bunch of drivers for thier OPINION, when you can get honest unbiased help from professional in the field?

 

I don't mean any offense by saying it but that's the problem with a 1099 position.
You have to pay self-employment tax and your own Social Security but you really are basically an employee. So there are a lot of taxes to pay without having the deductions of having ownership of a truck.

Isn't there still confusion over whether that is even legal?

I had a 1099 position for a while myself. Every week I put away 1/3 of whatever I made.

I hope they pay you a lot of money or that you find deductions somehow because that 1/3 that I took out all of it went to the taxes.

If you are an employee the taxes are closer to 25% and your employer pays half of your social security.

And that is without mentioning workman's comp or 401k or vacation time or anything else.