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How much did you pay in Taxes? Bottom Line?

Discussion in 'Ask An Owner Operator' started by Shotgun94, Sep 3, 2018.

  1. Sep 3, 2018 #1
    Shotgun94

    Shotgun94 Medium Load Member

    460
    316
    Sep 24, 2017
    Georgia
    0
    Overall just curious? Like Gross, deductions, then what you netted, taxes, and your bottom line?
    Maybe i'm asking for to much info.
     
    Shotgun94, Sep 3, 2018
    Shotgun94, Sep 3, 2018
    #1
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  3. Sep 3, 2018 #2
    Oldironfan

    Oldironfan Road Train Member

    5,777
    5,543
    May 22, 2017
    0
    About 25% before deductions, and credits. I could be wrong. I'm not leasing anymore.
     
    Oldironfan, Sep 3, 2018
    Oldironfan, Sep 3, 2018
    #2
    Trucker61016 Thanks this.
  4. Sep 3, 2018 #3
    shatteredsquare

    shatteredsquare Road Train Member

    1,403
    1,833
    May 23, 2014
    middle dirt
    0
    i sacrificed my goldfish
     
    shatteredsquare, Sep 3, 2018
    shatteredsquare, Sep 3, 2018
    #3
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  5. Sep 3, 2018 #4
    Old Man

    Old Man Road Train Member

    4,597
    13,470
    Apr 3, 2009
    Oklahoma City, OK
    0
    Your wanting too much info, but I will tell you paid too much.
     
    Old Man, Sep 3, 2018
    Old Man, Sep 3, 2018
    #4
    spyder7723, Socal Xpress and Midwest Trucker Thank this.
  7. Sep 4, 2018 #5
    SteveScott

    SteveScott Road Train Member

    4,897
    16,807
    Nov 10, 2015
    0
    There are too many variables to get a straight answer. Adjusted gross income after deductions varies for everybody. Things like number of dependents, homeowner or not and many other deductions come into play.
     
    SteveScott, Sep 4, 2018
    SteveScott, Sep 4, 2018
    #5
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  8. Sep 4, 2018 #6
    olddog_newtricks

    olddog_newtricks Medium Load Member

    639
    2,162
    Jun 3, 2018
    0
    Arm , leg and my left nut.
     
    olddog_newtricks, Sep 4, 2018
    olddog_newtricks, Sep 4, 2018
    #6
  9. Sep 4, 2018 #7
    LtlAnonymous

    LtlAnonymous Road Train Member

    6,084
    21,042
    Dec 23, 2016
    0
    I claim 0 on my taxes and have a 401k and IRA. My wife and I will both be making six figures in a couple years, so we have to reduce our taxable income as much as possible.
     
    LtlAnonymous, Sep 4, 2018
    LtlAnonymous, Sep 4, 2018
    #7
  10. Sep 4, 2018 #8
    LtlAnonymous

    LtlAnonymous Road Train Member

    6,084
    21,042
    Dec 23, 2016
    0
    So in other words...not as much as I'd like. Lol
     
    LtlAnonymous, Sep 4, 2018
    LtlAnonymous, Sep 4, 2018
    #8
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