Too Good To Be True?

so $170 is left

 

i made 230k one year. after all my bills. my taxable income was 40k. i did put $15,000 in repairs into my truck.

 

OK, you are adding variable expenses to your figures.
That can make this a bit confusing as you must then include all your assumptions on your variable costs.

I suggest braking things down to startup costs, fixed expenses, and variable expenses.

For your variable expenses i would create a spread sheet where you can input your weekly fixed expenses (start up costs are a one time thing and should not be included here) and then enter different values for miles driven, MPG that the truck gets, cost of fuel, pay received, and possible other items like tolls and parking fees. That way you can put in different numbers and see where your break even point is for different scenarios.

If your paying your driver per mile then his pay and your costs associated with it would be included on your variable spread sheet. If you are paying him a set salary, then his pay and your cost would be included as part of your fixed expenses.

 

Go to ooida’s website, they have a spreadsheet you plug your numbers into.

 

Ya something is messed up with your numbers....your costs are $2.50 per mile. Costs.....

 

$800 a week on a 1099?? Where can I get an application?

 

lol see i told you. run for the hills. people that dont work make that kind of money living off the gov. and get tax refunds

 

jonjon your in luck. the owner happens to be on here.