Indian River

Yeah... That's what I thought too but if so, wouldn't he told me that during our phone conversation? Maybe he did and I didn’t hear it cause I was driving, so I was trying to focus on two things at the same time lmao!! If all I will be getting is 48CPM, that would be a pay cut from my current job where I'm getting 52CPM ( and I'm supposed to be getting 56CPM after a year here ). He said they lifted the hiring freeze in Florida but are more strict with their applications, with 3 points on my record my hope is not up anyway lol. But I'll definitely call back and clarify things on the pay, hopefully everything works out, and I get in.

 

Here's the email he sent me,

Pay
"Up to 60CPM depending on experience, driving record and work history"

so I think I heard him alright lol.

 

The recruiter is right and so is @Tanker_82 ..of that .60mi .12mi is not taxable as per diem

 

I don't get it, so in total I would be getting 60CPM?

 

Yes.. .12 of that would be non taxable income designated as per diem by law..

 

Do it this way. You are paid .60 CPM. Let’s say you run 3000 miles. Your gross is $1800. Multiply 3000 mile by .12 CPM. That comes to $360. Deduct $360 From the $1800 and that leaves you $1440. That’s the amount you are taxed on. Then after the taxes are deducted, add back the non taxed $360 (per diem). That will be your net, depending what your deductions are for taxes.

You will see more net pay, but you will be paying less in federal taxes. It will show on your W-2 less gross earnings. It will hurt in the area of qualifying for a mortgage and other areas that look at gross earnings for assorted loans. Plus you’ll be paying less into SS. If your my age, then that isn’t an issue.

 

Cool, thanks, I'm 26 right now, living with family, I would like to have my own place someday, obviously, you think that's gonna be an issue for me?

 

After having spoken with some people in Winter Haven and some new drivers, I believe the pay has dropped for those that have not come on before January, but don't quote me. I am not a recruiter or in payroll so I don't want to speak on behalf of them so definitely clarify it with your recruiter. As things have been changing around here lately they will have the best up to date information. My trainee did confirm that he was just getting .48 straight after getting out of my truck. And that he was going to be speaking with payroll, I have not heard from him so I don't know what that means. I was under the per diem of .12 and .48 taxed. There are always many factors I can't confirm so take that as you will. The best thing I would do is have your recruiter send you the pay breakdown and any of us would be happy to decipher it, if needed.

 

The way you have to look at it @nextgentrucker like @JohnBoy was describing, how it will effect you is that the lender will look at your W2 wage, .48 mile over the course of the year, say that’s 75K, when in actuality you made 90K based on the .60 mile, but that added 15K isn’t taxed, per diem, so the lender would base your availability for a mortgage on the 75K. So my answer would be no, it’s not going to effect your availability to purchase a home, you would just be qualified based on the amount of your taxed earnings, which would lead to a lower priced home purchase. Hope that makes sense.