Lumpers Taxed ? Quickbooks set up Questions

Discussion in 'Trucker Taxes and Truck Financing' started by stonedoc, Apr 6, 2014.

  1. stonedoc

    stonedoc Bobtail Member

    32
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    Apr 1, 2012
    Cola Town
    0
    Do you get taxed on the money you shell out for lumpers ?
    When the checks come from the brokers it is not shown as a reimbursement it is shown as income !


    Quickbooks Question , How do you set it up to show the amounts deducted for Quickpay and Lumpers ?

    Thanks !
     
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  3. saddleup

    saddleup Light Load Member

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    137
    Sep 30, 2011
    magnolia, ky
    0
    what you need to do is to get the lumpers info for taxes so you can write it off, that would change everything when you send them out 1099's at the end of the year.
     
    SQ609 Thanks this.
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