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Discussion in 'Motor Carrier Questions - The Inside Scoop' started by dustin4841, Oct 28, 2017.

  1. Coover

    Coover Road Train Member

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    Ya, until you get sick, go to hospital, can't pay bill and all of us with legitimate health care insurance pay it for you. Also plan on paying roughly $30k in Federal taxes from what you are claiming you are making now for the year. Hopefully it works out for you. Please pay into Social Security, god knows I have and plan on using it as soon as they will let me.
     
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  3. Tb0n3

    Tb0n3 Road Train Member

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    No no, didn't you read? If he ever can't afford his health care he's gonna kill himself. Totally reasonable life plan and not crazy at all.
     
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  4. lilillill

    lilillill Sarcasm... it's not just for breakfast

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  5. Rugerfan

    Rugerfan Road Train Member

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  6. dustin4841

    dustin4841 Light Load Member

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    Eh, with my expesnes and writeoffs my tax obligations wont be anywhere near the 30k mark i promise ya that
     
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  7. dustin4841

    dustin4841 Light Load Member

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    the best the best part about a forum is when people can come in with various opinions and start a fight about nothing LOL
     
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  8. Coover

    Coover Road Train Member

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    So on paper you make 100k but have to pay for everything only netting 50k, or you cheat on taxes, and falsely claim bogus expenses. What right offs? Per diem? You are a company driver that is being paid on a 1099 cuz the Russian guy doesn't want to pay taxes, health insurance and throwing the burden to you.
    Many have tried and thought they were smarter than the system and failed. It's not that bad though white collar federal prison is 3hots cot cable and all the cuddling you can handle from tiny in the shower room.
     
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  9. dustin4841

    dustin4841 Light Load Member

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    Lol well im sorry they failed, ive been running under a 1099 for 4 years and im doin just fine. I know the tax laws and work with an accountant as well as a tax specialist just to dpuble check everything before i submit it each year. i know what i can write off. I do write off the legal amount for perdiem but thats of minimum benefit. You can have all the problems you want with 1099 but its working just fine for some of us.
     
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  10. Coover

    Coover Road Train Member

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    Maybe I need to talk to your accountant. Ran it by a couple, including one I've been using that specializes in doing taxes for truckers, and actual owner operators. In her opinion a lot of what these 1099 guys were claiming was not allowed/illegal. Regardless I don't like having the Government rape me on federal income tax, SS tax, Medicare tax, state tax, property tax, sales tax, etc
     
  11. dustin4841

    dustin4841 Light Load Member

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    I do everything in my power to know exactly what I can and cannot claim I don't go looking for items to the duck that aren't there or aren't an actual expense or deduction period while I thoroughly enjoy paying as little taxes as possible I'm not naive enough to think that I'm going to be able to lie and get away with it the last thing I want is to be audited and to be told nope everything you've ever done is wrong that would be a bad day LOL, so I do do my best to make sure everything I claim and deduct is completely legal Inn on the up-and-up
     
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