Truckers Report Jobs

Find Trucking Jobs

Company Driver Company Driver Dry Van Dry Van Flatbed Flatbed Refrigerated Refrigerated Specialized Specialized Owner Operator Owner Operator
More Trucking Job Searches ⌄ Fewer Trucking Job Searches
⌃

1099 question

Discussion in 'Schneider' started by Pork Chop Express, Jan 25, 2016.

Page 1 of 2
  1. Jan 25, 2016 #1
    Pork Chop Express

    Pork Chop Express Light Load Member

    139
    61
    Jul 30, 2015
    0
    Got my 1099 in today from Schneider. My question is, its for a lot more than I made. Do they add ur lease payment and insurance and fuel into that? I've got a 1099 the last 2 years with another company and it was for what my settlements came out to yearly. Tried searching but couldn't come up with anything.
    Any info guys? thanks
     
    Pork Chop Express, Jan 25, 2016
    Pork Chop Express, Jan 25, 2016
    #1
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Jan 25, 2016 #2
    stevep1977

    stevep1977 Road Train Member

    3,704
    22,590
    Dec 23, 2010
    Chicago, IL
    0
    1099 is total gross REVENUE. Sounds like the other place did it a screwy way, no expenses are supposed to be reflected on a 1099
     
    stevep1977, Jan 25, 2016
    stevep1977, Jan 25, 2016
    #2
    Pork Chop Express Thanks this.
  4. Jan 25, 2016 #3
    TennMan

    TennMan Road Train Member

    7,866
    9,658
    Sep 21, 2011
    Hazzard County Jail !!!!!
    0
    It will include any sign on bonuses or tractor lease incentives.
     
    TennMan, Jan 25, 2016
    TennMan, Jan 25, 2016
    #3
    Pork Chop Express Thanks this.
  5. Jan 25, 2016 #4
    PoleCrusher

    PoleCrusher Road Train Member

    7,503
    82,194
    Aug 26, 2014
    LLMF
    0
    1099 is your gross revenue before any business deductions. Sounds like who ever you were with may not have filed correctly. Can't say for sure without a LOT more info.

    My best advice for you is to find a good accountant, a real full time CPA not some h&r blockhead type, that has experience with trucking businesses taxes.
     
    PoleCrusher, Jan 25, 2016
    PoleCrusher, Jan 25, 2016
    #4
    Pork Chop Express Thanks this.
  7. Jan 26, 2016 #5
    coffee mug

    coffee mug Light Load Member

    112
    50
    Jan 22, 2016
    0
    I was wrote up 3 times for over speed and I was told to clean out my truck and go home at Schneider national
     
    coffee mug, Jan 26, 2016
    coffee mug, Jan 26, 2016
    #5
  8. Jan 26, 2016 #6
    RustyBolt

    RustyBolt Road Train Member

    2,073
    3,334
    Feb 21, 2015
    Bement, IL
    0
    Good to hear. But what does that have to do with a 1099?
     
    RustyBolt, Jan 26, 2016
    RustyBolt, Jan 26, 2016
    #6
  9. Jan 26, 2016 #7
    mickeyrat

    mickeyrat Road Train Member

    7,859
    7,542
    Nov 24, 2011
    on my 30 min break
    0
    Did you finally get the message about overspeed?
     
    mickeyrat, Jan 26, 2016
    mickeyrat, Jan 26, 2016
    #7
    TBonze, exracer941 and jakecat22 Thank this.
  10. Jan 26, 2016 #8
    passingthru69

    passingthru69 Road Train Member

    8,740
    34,850
    Jul 12, 2009
    davenport,Ia / ratchaburi, thailand
    0
    No as I'm playing Sammy Hagger I can't drive 55 on the 8 track.:oops:
     
    passingthru69, Jan 26, 2016
    passingthru69, Jan 26, 2016
    #8
  11. Jan 26, 2016 #9
    Opus

    Opus Road Train Member

    20,293
    131,628
    Dec 18, 2011
    South GA
    0
    relax.....they won't put that on your 1099. DAC, yes. 1099, no.
     
    Opus, Jan 26, 2016
    Opus, Jan 26, 2016
    #9
    tucker, Pork Chop Express and rachi Thank this.
  12. Jan 26, 2016 #10
    stevep1977

    stevep1977 Road Train Member

    3,704
    22,590
    Dec 23, 2010
    Chicago, IL
    0
    Why would they put "overspeed" on a DAC report lol.
     
    stevep1977, Jan 26, 2016
    stevep1977, Jan 26, 2016
    #10
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

    • Page 1 of 2