Final check of the year is posted and drops Thursday night, so here are my totals for 2015. This is mostly system. *if anyone knows how to attach an excel file please tell me*
Loaded Miles: 76395
Empty Miles: 29658
Layover: 760.75 hours
Holiday: 72 hours
Breakdown: 8.5 hours (unbelievable I know, I didn't get a Mack until end of July)
Total Gross: $71,349.62
Averages per week: $1372.10, 1469 Loaded, 570 Empty, 5 days sleeper, 14.5 hours layover, 4 load/unload
Highest weekly gross: $2070.97
Lowest weekly gross: $0.00 (I took 10 days off unpaid in July)
10 weeks gross below $1000; 24 weeks gross above $1500
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I went through each individual stub and tabulated them up with a spreadsheet. I simplified some things like Layover that is really anything that paid the regular hourly rate (demurge, ect), and the load/unload counted drop and hooks as .5 since it paid $10.
No, I did a lot of it in long stretches. One 8 week stretch and two 5 week stretch all on the road which accounts for more than half my total time being away from home.
Counting them up I did 31 weeks with 6+ days in the truck, 16 weeks with 3 days or fewer, and 3 weeks with 4 days. Strangley none with only 5 days lol.
We can idle as much as we need, and I think the Macks have a larger sleeper than the Prostar although it doesn't really feel like it. We also can check into company paid hotels.oldtrucker66 Thanks this.
I will throw my numbers up in a month or so when I do my taxes. I didn't do a good job of staying current with my spreadsheet and need to update it with my logs. I made about 5K less this year than last and its my first year in the last 4 under 60K. Will be interesting to see just how much time off I wound up with. I am thinking it will be a lot more than in the past. Running nothing but dedicated out and back freight half of my miles are at the lower pay rate. Most of my runs are 3 days and around 1600 miles to the same customers. I didn't touch a hose all year. Don't even have to load them on the trailer.ncdriver1 Thanks this.
Speaking of taxes, last year was my first year as a driver. Superior pretty much pays for everything (i.e. fuel, company clothing, additives, etc). So what all, if anything, can we use as deductions for our taxes? I don't keep receipts for food and toiletries. Only things I can think of are my cell phone and Sirius XM radio, if those count.
Anything you buy for the truck that you have a receipt for is deductible as well. Just don't go overboard with them so you don't get audited,.
edit: Per diem went up so this year will be a split calculation:
JAN 1 to SEPT 30 = $59 a day and OCT 1 to DEC 31 @ $63 per dayLast edited: Jan 2, 2016
Tuesday full $59/63
Saturday full $59/63
Sunday full $59/63
The total is multiplied by .80 on the tax form for the actual deduction to your taxable income. I use TurboTax and it has a question in there asking if you work in the transportation industry. It does the 80% calculation for you but I have to come up with the total per diem.amount to plug in.
To keep up with it I keep a simple open office spreadsheet with the date in the first column, logged miles, City I shut down in, and a description of my logs. I color code the back ground of the City column a different color for 75%, Full Perdiem and None. Then at tax time I just have to count up the number of days of each color. I save that file with my log PDF files as my tax record.
Many companies take a portion of the CPM that they pay and declare it per diem. They are in essence taking this tax deduction and spreading it out over the year so you see more money in the check each pay period. They do that to reduce the Social Security and payroll taxes that they have to pay. Superior has a program like that that you can sign up for or they did when I started 8 years ago. If you signed up for that any per diem that they pay you must be subtracted from the total above. It can get real complicated for some of these rip off companies who pay you .38 CPM but .05 of it is Per Diem.Last edited: Jan 3, 2016
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