Company Driver tax deductibles

Discussion in 'Trucker Taxes and Truck Financing' started by RussianBearTruckeR, Jan 26, 2019.

  1. ZVar

    ZVar Road Train Member

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    Get a decent company then.
    Or simply ask them to throw in an extra $60 a month.
    You'd have to folt the bill anyway, even if you could claim it.
     
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  3. jammer910Z

    jammer910Z Road Train Member

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    Company drivers DID, in most cases, take an unintended sock in the nose with the lost ability to itemize expenses, especially single folk.
    If your company offers per diem it can help offset that tax liability.
    Lots of threads debating that issue.
    As long as @tucker is getting financially punished by the IRS like the rest of us I'm good with it for a bit.
    Hopefully they'll reinstate our ability to claim those deductions as a choice vs the increased standard deduction.
     
  4. tucker

    tucker Road Train Member

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    OTR drivers got ####ed hard.
    I went local at that same time so I basically broke even on my taxes.
    So while OTR drivers are spending money eating out or eating soup out of a can Me and Mitt are safely at home every night cooking our own meals.

    544AB737-D2B2-4C4D-B45B-0906C3AEA2D5.jpeg
     
    jammer910Z and Mid-May Trucker Thank this.
  5. kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

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    Are you comfortable handing your personal phone to a DOT cop so he can check your logs? Not me. No way I would use my personal phone for elogs. If they want to use a smart phone for their system, they need to supply you with one. Otherwise, bye bye company.
     
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  6. jammer910Z

    jammer910Z Road Train Member

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    Lol... I like that pic. Glad y'all are safe. Just ribbing you.
     
    tucker Thanks this.
  7. Metalicious

    Metalicious Road Train Member

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    Aren't the tax laws that took away the daily meal allowances and such for company drivers supposed to revert back to what they were 8 years from when it was put into law?
     
  8. reefertank

    reefertank Light Load Member

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    I'm going to do O/O for 2021... I feel like a sucker as an employee.
     
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