All that travel is a hobby. I'm not making a penny on it. I'm *spending* money on it (fuel, maintenance...chrome). I do have a regular job, but that job involves going into an office and designing complex computer networks. I had it before I bought the truck, and the truck has no bearing on the job, except that that is where I earn the money I spend on the truck.
I've heard the "winning a prize equals commercial use" argument, but I don't buy it. It's true that winning a prize is income, but that is a matter for the IRS. If you win, you declare it and pay taxes on it. You're not moving freight, your winnings aren't "commerce" and certainly not interstate commerce. I would welcome concrete examples of anyone who has ever been successfully prosecuted for not having an IFTA sticker on a truck that won a prize.
As far as IRS goes, this is a hobby, not a business. As such, I cannot legitimately deduct any of these expenses on my taxes, and I do not do so. I simply pay sales tax on the parts I buy and fuel tax at the pump on the fuel I buy, same as I do for my other vehicles.
Non-commercial use
Discussion in 'Trucking Industry Regulations' started by txviking, Jul 19, 2009.
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Vacation guys, enjoying the summer sun. Viking, I understand what you are saying and right now I don't have the time to research the subject and copy and paste the information you are looking for. But you are dancing a fine line. If you are competeing for the "chance" to win something it can be deemed commercial. I'll look it up later today and post where the information is. Hopefully it will help you. The "not for hire", really doesn't mean anything. It just means you are not hauling anyone's goods. For example, ABC Trucking is hauling XYZ Company's shoes from Arkansas to New York.
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dieselbear: I'm not even in competitions, and won't be for some time. For now, I'm just enjoying the truck. The idea with the "Not for hire" was to make it a little clearer that I'm not operating the truck for commercial purposes. Even if I am in the clear legally, however, convincing local law enforcement of that fact looks like it could be a new battle at every weigh station.
Thanks for the response so far, and keep enjoying that sun! -
Just to cruise up and down the boulevard, picking up chicks? -
No need to pick up ladies -- the truck is my lady!
BTW, you can see her yourself: Just click on the "Photos" link on the right side of this post! -
Pull a 5th wheel camper with it, put private coach on the doors, and you now have a non-commercial RV pleasure vehicle.
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However, the type of plate didn't seem to matter to Tennessee (as an example). They just wanted an IFTA sticker. I'm mostly worried about problems out of state; I don't anticipate any problems in Florida.
(Hope I didn't just jinx myself there.)
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I thought about printing a colored square, same color as an IFTA sticker, that says something like "This is not an IFTA sticker. This is not a commercial vehicle." or something to that effect. But that'd probably get me into more trouble than it's worth.
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Hm, well, whatever floats your boat.
Yeah, they would probably not like the fake IFTA sticker.
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