1. Coolcrazydan71

    Coolcrazydan71 Bobtail Member

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    Apr 14, 2024
    0
    Hey truckers!,
    Hope everyone is having a great April!

    I don't mean to be rude as I am new on here.

    Getting ready to go OTR and for the life of me I can't figure one thing.....

    If someone does go 1099,
    2 questions

    How the heck at even 80¢/mile,
    3k miles a week, is this a good driving job?
    It's pathetic. IMHO. After taxes and health insurance, a person would only be making around 50¢/mile if that.....
    Is my math wrong here or am I missing something??

    By starting an LLC, does this benefit you as a 1099 enough to offset the ridiculous pay?? I doubt it, just had to ask

    One more thing, I am dumbfounded that anyone would work for that terrible pay if my calculations are correct.

    Look forward to hearing feedback
     
    Lonesome and blairandgretchen Thank this.
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  3. bryan21384

    bryan21384 Road Train Member

    12,933
    26,721
    Sep 18, 2009
    Memphis, TN
    0
    Your calculations are right. It's actually worse off than working your worst reputable company. A 1099 works only for true independent contractors. That said, I think that style of trucking job has a place in the industry. I went that route for a few years to rehab my career. If done the right way, it'll get a driver's career back on track if he's had a hiccup. It ain't meant to be a career, but only a temporary stop gap.
     
  4. Coolcrazydan71

    Coolcrazydan71 Bobtail Member

    11
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    Apr 14, 2024
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    #### thanks for the reply,

    I have to say your right about fixing someone's CDL, I get it.

    But these huge companies that only use contractors are an atrocitie.

    It causing unsafe driving, etc. etc, etc....
    but anyways that's for a new thread!!

    Cheers and thanks for the verification.

    Now to find a good company......
     
    Numb Thanks this.
  5. Numb

    Numb Crusty Curmudgeon

    3,466
    6,870
    Jan 30, 2012
    Charlotte, N.Carolina
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    if you give us a general location, perhaps someone on here can point in the right direction to a decent co.
     
  6. Coolcrazydan71

    Coolcrazydan71 Bobtail Member

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    Apr 14, 2024
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    Thanks for asking

    Right now, Knoxville Tn

    Willing to relocate anywhere for the right$$

    Want to drop and hook dry box and must be able to give me all the miles I can handle.
    Pipe dream?? Lol

    I have an excellent record and need a company that will let me and my GF live in a condo at the very least,

    Also allowing me to train her
    I've trained 30 people so far, all being successfully released.
     
    Numb Thanks this.
  7. Bean Jr.

    Bean Jr. Road Train Member

    5,354
    9,382
    Mar 30, 2014
    0
  8. Chinatown

    Chinatown Road Train Member

    69,208
    145,835
    Aug 28, 2011
    Henderson, NV & Orient
    0
    Does your girlfriend have a cdl?
    If not she'll have to attend a FMCSA registered cdl school. That's the new law now.
    `
    Training Provider Registry
    Learn More About FMCSA’s CDL Program. Entry-level driver training is just one requirement to qualify for a CDL. Visit the FMCSA website to learn more about FMCSA’s CDL program, how it helps keep our Nation’s roads safe, and what it means for prospective and current …
     
    Bean Jr. Thanks this.
  9. Coolcrazydan71

    Coolcrazydan71 Bobtail Member

    11
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    Apr 14, 2024
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    I'll become a trainer that is approved by the Tennessee Department of Safety and Homeland Security

    From what I understand I can qualify for this
    Any thoughts?
     
  10. OlegMel

    OlegMel Light Load Member

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    Apr 8, 2023
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    1099 isn’t for everyone. You need to know what you can deduct. How much money to pay yourself and how much to leave in the company. If your calculations came out to .50cpm after taxes than it’s pretty obvious that you should go with w2 and listen to what Uncle Sam and irs tells you.
     
  11. Pepper24

    Pepper24 Road Train Member

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    Dec 3, 2010
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    I really don’t see any math? Looks to me you’re just pulling numbers out of the air.1099 you are paying all your ss tax where w2 the employer pays half that’s the only difference pay wise.Health insurance would depend on several factors like does your spouse work and have health insurance that you can get on .Some employers don’t pay much of the health insurance and it’s expensive for you and some do.But you’re not going to find a w2 job paying.80 a mile either.
     
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