Curious what all you local daycabs drivers write off for tax time i only do my meals nothing else and use the simplified method . A day shift driver told me 2 guys and himself got a letter saying they had to pay back their meal money .i’m a little worried i’m doing my taxes wrong , For some reason my company has us labeled as long haul drivers .what all do you local guys write off
Tax write offs for local drivers
Discussion in 'Canadian Truckers Forum' started by classicxl, Mar 3, 2022.
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And before people start quoting United States regulations, note this is in the Canadian fourm.
BennysPennys, peterd, BigHossVolvo and 1 other person Thank this. -
thank u i tried searching threads and that’s just what i was finding us drivers piping in . I know we have local drivers on here like Iron Maiden and a Fed Ex driver .Curious how more experience guys do their taxesLast edited: Mar 3, 2022
Another Canadian driver Thanks this. -
I’m home almost every day so I only claim 1 meal a day. Nothing else. Some guys I work with claim 3 a day. They’ll be screwed if they ever get audited. Don’t need to be greedy.
'88K100, BigHossVolvo and Another Canadian driver Thank this. -
Plus I usually get free food from the restaurants.
Another Canadian driver Thanks this. -
I write off my flip flops...
err I mean steel toe boots!Another Canadian driver and Driver450 Thank this. -
First thing you want to make sure is that your company isn’t already giving you a tax break as reimbursement for meals.
Some companies (J&R Hall, Flying J Transport and others) used to pay you a portion of your milage rate untaxed. That tax break is to credit you for meals, so claiming at the end of the year is technically double dipping.
Local drivers have a deductibility rate of 50% and long haul has an 80% deductibility rate.
Cell phone was something I was claiming for a few years until the CRA challenged me on it and I lost. I was able to make a good case with all the work related calls I made, however the amount of data used for work purposes was something I couldn’t calculate. That’s all they needed to deny it.
I claim only meals. It’s not worth the hassle if you have to fight with them. You may also end up flagged in their system.Another Canadian driver Thanks this. -
being local i only drive a daycab and i’m hourly only no mileage.company has our job description as long haul truck driver not sure why .By the sounds of it i’m doing my taxes right only claiming meals some of our drivers are claiming boots,pants,gloves ,hammers you name it asking to get screwed by the government
Another Canadian driver Thanks this. -
I'm assuming your company gives you a signed meal claim form?Another Canadian driver Thanks this.
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In general, if you have out of pocket expenses to make your taxed money ,you can write it off. If the company reimburses you for any portion then not for that portion.
As far as meals, you are expected to have breakfast and supper at home.
I think after 12 hrs though you can claim 2 meals but you might want to check that.Another Canadian driver Thanks this.
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