Am I getting paid enough?

Discussion in 'Tanker, Bulk and Dump Trucking Forum' started by Flatbedder73, Dec 28, 2013.

Page 2 of 7
  1. MrIT

    MrIT Light Load Member

    Joined:
    Dec 13, 2013
    Messages:
    292
    Thanks Received:
    167
    Location:
    Pittsburgh
    0
    Imo that pay on a 1099 is really low considering you will have to put about 30% of each check away for taxes and contractors have little right compared to employees
     
    MrIT, Dec 28, 2013
    #11
    chalupa Thanks this.
  2. baha

    baha Road Train Member

    Joined:
    Jul 25, 2013
    Messages:
    4,137
    Thanks Received:
    2,836
    Location:
    ga
    0
    sounded good till the end,just hard to pay bosses part of tax.
     
    baha, Dec 28, 2013
    #12
  3. Flatbedder73

    Flatbedder73 Medium Load Member

    Joined:
    Dec 30, 2012
    Messages:
    464
    Thanks Received:
    354
    Location:
    Langhorne, PA
    0
    why?...........
     
    Flatbedder73, Dec 28, 2013
    #13
  4. 77smartin

    77smartin Road Train Member

    Joined:
    Apr 3, 2011
    Messages:
    2,183
    Thanks Received:
    3,023
    Location:
    I dunno.
    0
    Because you shouldn't be on a 1099.
     
    77smartin, Dec 28, 2013
    #14
  5. Flatbedder73

    Flatbedder73 Medium Load Member

    Joined:
    Dec 30, 2012
    Messages:
    464
    Thanks Received:
    354
    Location:
    Langhorne, PA
    0
    The boss thinks I have the deal of the century of course.....would I be better off with Groendyke or HT? The trucks are kinda junky.......and that bothers me.
     
    Flatbedder73, Dec 28, 2013
    #15
  6. Therookie

    Therookie Light Load Member

    Joined:
    Aug 21, 2013
    Messages:
    70
    Thanks Received:
    38
    Location:
    alabama
    0
    I want this job. If you gross that and have that home time, please tell me the company!
     
    Therookie, Dec 28, 2013
    #16
  7. Therookie

    Therookie Light Load Member

    Joined:
    Aug 21, 2013
    Messages:
    70
    Thanks Received:
    38
    Location:
    alabama
    0
    I have sat off, and for some reason 28% tax out of my check.
     
    Therookie, Dec 28, 2013
    #17
  8. 77smartin

    77smartin Road Train Member

    Joined:
    Apr 3, 2011
    Messages:
    2,183
    Thanks Received:
    3,023
    Location:
    I dunno.
    0
    You don't want a 1099 job...the intent of this setup is for your boss to benefit...not YOU. There are plenty of companies that are more balanced.
     
    77smartin, Dec 28, 2013
    #18
    chalupa, Shaggy, 900,000-tons-of-steel and 1 other person Thank this.
  9. KW Cajun

    KW Cajun Road Train Member

    Joined:
    Apr 12, 2013
    Messages:
    2,383
    Thanks Received:
    3,652
    Location:
    Copperhead Road
    0
    I don't understand how they are taking 28% out for taxes, when you are on a 1099.
    Something isn't right. If you were paid via W-2, then taxes would be taken out.
    Do you know for certain if that 28% deduction is actually being paid to the IRS??
     
    KW Cajun, Dec 28, 2013
    #19
  10. dirtyrabbit

    dirtyrabbit Medium Load Member

    Joined:
    Jun 19, 2011
    Messages:
    416
    Thanks Received:
    158
    Location:
    KS
    0
    That's the new four letter word in this world. . . 1099
     
    dirtyrabbit, Dec 28, 2013
    #20
    skellr Thanks this.
Page 2 of 7