How much do container haulers make? Would like real numbers.

Yes that is 100% correct. For example. Pay stub gross pay was $4500, net was $3200. The actual cheque that I deposit to my bank was $5220.

 

Wah wa what? I hope that all works out for ya?

 

Can someone explain this to me?

Your gross amount is the total that the company is paying you. That gross is the number that gets reported to the IRS as your gross income and that is the number that your employer reports to the IRS that he paid you as your gross income, and that is the number that all of your deductions come from.

So unless he has customers paying him in cash, or perhaps if he has another cash business, this makes no sense, and it is illegal.

You and he both are going to be in a lot of trouble if you get caught up in whatever scheme he's doing.

When the IRS has the new authority to look in your bank accounts you may all be going to jail. If you think the IRS will not retroactively look into your bank accounts, think again.

Not being smart at all, but are you hauling drugs or something?

Someone enlighten me because I'm about out of ideas as far as that goes.

 

It could be his boss his paying him per diem because it sounds very similiar to how I was paid at Schneider. Granted it was mileage pay but they would split off $xx/mi from the gross and not tax it. So my net was almost always higher than my gross. So basically if I did 3000 miles at .50/mi they would pay .35x3000 (gross and taxed) and .15x3000(per diem and not taxed). Net would have been $1050-taxes + $450 per diem. Kinda sounds like what is going on here but at % of linehual.

 

Possibly but he claims to work 5 days home every day grossing $4500, “netting” $3200, and being paid $5200. So he earned $2000 in per diem in a week that he was home every night so eligible for $0 in per diem. That’s ignoring the irs only lets you pay $69 per day in per diem so approximately 29 days worth of per diem in a single week.

That’s all almost as believable as a company driver taking home $250k a year hauling cans locally. Like most truck drivers, if they aren’t showing you pay stubs when they are talking about their pay, they’re lying.

 

My mistake, I'm paid twice a month, so the 4500 gross to 5200 net pay was on a 2 week pay period so 10 days, I had said 25-2600 a week at first.

 

That is an Example of an Industry without Rate Cutters. If that were drivers , they would be fighting over who can do it faster for less. If you got paid by the hour. You could care less about how long they take to load you. Get detention time. Load the cooler up, laugh all the way to the bank.

 

If someone is making $5k per week to the truck, that's $250k per year to the truck. If you're being paid on a percentage of load, and working a 14 hr day, 5 days a week, it's not hard to gross $5k to the truck for a week, and go home every night.

 

I am a company driver. Not O/O. N it's $5k net per 2 weeks, not 1 week.

 

I like trains - Warren Buffett