Log in or Sign up
Forums
Forums
Quick Links
Search Forums
Recent Posts
Trucking Jobs
Truck GPS
Reviews
CDL Practice Tests
Schools
Freight Factoring
Trucking Insurance
Menu
Useful Searches
Recent Posts
More...
Find Trucking Jobs
Company Driver
Dry Van
Flatbed
Refrigerated
Specialized
Owner Operator
Regional Truck Driving
Dedicated Trucking
Tanker Driver
Solo Truck Driving
Local Truck Driving
Team Truck Driving
No Experience Truck Driving
Experienced Truck Driving
OTR Trucking
Intermodal Driver
Hazmat Driver
More Trucking Job Searches
⌄
Fewer Trucking Job Searches
⌃
TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
Forums
>
Owner Operators
>
Ask An Owner Operator
>
Fsc. Is my boss just a liar!?
>
Reply to Thread
Reply to Thread
Username:
Message:
<p>[QUOTE="CamryXSE, post: 11910961, member: 320045"]News to me! Out in oilfield there is a lot of 1099 work. I just never once questioned it. The $11,000 I paid in estimated taxes for 9 months work ought to give some indication I'm not trying to get away with anything. Honestly, I've been in the business a long time. This is my first company job on a 1099 but it's done everywhere and no one seems to be hiding it.</p><p><br /></p><p>If a 1099 driver makes enough to offset self employment tax and no benefits, it really isn't all that bad. I hate being a company slave where they tell me they will kindly grant me one whole week off after one year.</p><p><br /></p><p>No, without a 401k, without medical insurance, there isn't a whole lot to keep me from cleaning out my trick and doing something else for a month, or six months, or however long I want. Then, I tell the truck owner, 'hey, when you get an opening, I'd like to come back (or, just go someplace else)</p><p><br /></p><p>This isn't rocket surgery. I'm not messing up a whole team with my coming and going. The employer invests very little in training me (I did that long ago). Give me the keys, OK, here we go.</p><p><br /></p><p>Nah man, it feels good to feel like my life belongs to me. 'We hire you to retire you?' Heck with that! I have other interests. When I really need the money...got that trusty old CDL.</p><p><br /></p><p>Self employment tax, medical, 401k? That's a huge loss and the 1099 driver needs to take all that into consideration.</p><p><br /></p><p>The legality of it all? I need to look into that more. Lots of drivers on 1099 and no one seems to be hiding anything. IDK!?[/QUOTE]</p><p><br /></p>
[QUOTE="CamryXSE, post: 11910961, member: 320045"]News to me! Out in oilfield there is a lot of 1099 work. I just never once questioned it. The $11,000 I paid in estimated taxes for 9 months work ought to give some indication I'm not trying to get away with anything. Honestly, I've been in the business a long time. This is my first company job on a 1099 but it's done everywhere and no one seems to be hiding it. If a 1099 driver makes enough to offset self employment tax and no benefits, it really isn't all that bad. I hate being a company slave where they tell me they will kindly grant me one whole week off after one year. No, without a 401k, without medical insurance, there isn't a whole lot to keep me from cleaning out my trick and doing something else for a month, or six months, or however long I want. Then, I tell the truck owner, 'hey, when you get an opening, I'd like to come back (or, just go someplace else) This isn't rocket surgery. I'm not messing up a whole team with my coming and going. The employer invests very little in training me (I did that long ago). Give me the keys, OK, here we go. Nah man, it feels good to feel like my life belongs to me. 'We hire you to retire you?' Heck with that! I have other interests. When I really need the money...got that trusty old CDL. Self employment tax, medical, 401k? That's a huge loss and the 1099 driver needs to take all that into consideration. The legality of it all? I need to look into that more. Lots of drivers on 1099 and no one seems to be hiding anything. IDK!?[/QUOTE]
Your username or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
Forums
>
Owner Operators
>
Ask An Owner Operator
>
Fsc. Is my boss just a liar!?
>
Reply to Thread