a conundrum

wha tabout leasing on with your old company? would they take you back with your own truck?

 

Sounds like a good question for your accountant. However, if you follow the IRS rules, which kelgar 50 appears to have posted, you shouldn't have a problem using form 1099. It's really no different than anyone else that signs on with a carrier as an independent contractor as long as it is set up properly. That's why you need an accountant and/or lawyer to set it up correctly. Your subcontractor will probably have to lease the truck from you or something like that.

Sounds like your previous job is not in trucking.

 

Forget the IRS And Lawyers and such. Don't even waste your time and money talking to a Lawyer.

There isn't ONE Dang Blasted Trucking Company out there, in this Whole Country that Follows the IRS Rules, when signing on an Owner Operator with their company ! ! ! ! ! !

Every single Owner Operator signs an Independent Contractor Lease
When that Owner Operator Subleases his truck to another driver, that other driver is Also considered an Independent Subcontractor. He also signs an Independent Contractor Lease that he must carry with him.
This is the way it works when you're Leased on with a Company.
There are no Taxes taken out of either driver. An Independent driver holds all his own responsibilities.

Now, if you have your own Truck, Authority, and Customers,, and bring on a driver under you, , you can hire him on as an Employee.