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Discussion in 'Trucker Taxes and Truck Financing' started by TruckingBum, Sep 24, 2007.

Sep 24, 2007 #1

TruckingBum Light Load Member

274

6

Aug 26, 2007

ga

0

got my first weekly statement bac driving made about 1608 gross about 1100 net
taxes were a total of $520.00 uncle is getting greedy or did i fill out my paperwork wrong .
I could c mayb 400 but not 520 thats to much.or is it.
320 fed
130.00 fica
92 state

TruckingBum, Sep 24, 2007

TruckingBum, Sep 24, 2007

#1
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Sep 24, 2007 #2

Roadmedic Road Train Member

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Apr 4, 2007

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It all depends if you are single, married, dependents claimed.

Was it weekly, biweekly, or monthly.

You can double check all of this on the IRS website. Download circular E.

If you want, you can pm me, I can check for you.

Roadmedic, Sep 24, 2007

Roadmedic, Sep 24, 2007

#2
Sep 24, 2007 #3

TruckingBum Light Load Member

274

6

Aug 26, 2007

ga

0

I am single and it is weekly
I will check the circular e out
thx

TruckingBum, Sep 24, 2007

TruckingBum, Sep 24, 2007

#3
Sep 24, 2007 #4

Roadmedic Road Train Member

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Apr 4, 2007

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SS Tax is .0765

Roadmedic, Sep 24, 2007

Roadmedic, Sep 24, 2007

#4

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