Worked for prime: these were my taxes and expenses

Discussion in 'Trucker Taxes and Truck Financing' started by LouisFred54, Jan 26, 2024.

  1. LouisFred54

    LouisFred54 Light Load Member

    54
    31
    Apr 25, 2017
    0
    1sr quarter: $4400
    2nd quarter: $1700
    3rd quarter: $3400
    4 quarter: $8000

    End of year after quarters: $7100

    I was leasing so I was paying $600 a month in healthcare. I didn’t have a fridge and after mine broke I wasn’t in the mood to buy a 3rd one. Food could have cost up to $800 a month, not always. Bottom line, save at least 30% of your pay everytime. I only made $3k more than I did company. I was better off being company. Much easier.
     
    snowmantrucking101 and Concorde Thank this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. slow pok

    slow pok Light Load Member

    138
    207
    Oct 27, 2013
    lizela ga
    0
    Math seems off
     
    TB John Thanks this.
  4. TB John

    TB John Company Shill of BYOB & CBD

    3,152
    7,425
    Dec 28, 2008
    0
    Math seem WAY off! Am I the only one that thinks there are some numbers, possibly zeros missing?
     
    Arctic_fox Thanks this.
  5. broke down plumber

    broke down plumber Medium Load Member

    321
    650
    Jan 25, 2024
    0
    2+2 = cauliflower , yes its cauliflower.
     
  6. The one california kid

    The one california kid Light Load Member

    242
    442
    Oct 31, 2023
    0
    Depends on how much of a runner they were-or weren't
     
    TB John Thanks this.
  7. Arctic_fox

    Arctic_fox Experienced mx13 execrator

    2,991
    12,944
    Sep 16, 2016
    0
    These three remarks

    "I was leasing"
    And
    "Food could have cost up to $800 a month"
    And
    "I didn’t have a fridge and after mine broke I wasn’t in the mood to buy a 3rd one."

    Tell quite a lot of the story.
     
    dunchues, 86scotty and Siinman Thank this.
  8. M22 rockcrusher

    M22 rockcrusher Heavy Load Member

    907
    2,197
    Nov 21, 2020
    0
    I THINK THOSE NUMBERS ARE HIS ESTIMATED QUARTERLY TAXES. BUT YEAH THEM THAR NUMBERS ARZ OFF.
     
  9. rbrtwbstr

    rbrtwbstr Road Train Member

    3,208
    7,102
    Jul 11, 2012
    in the bush somewhere
    0
    I guess if you're only eating garbage from the fast food joints.

    I just got done paying some bills last night. Our grocery bill for January (four in our house) was 502.07.
     
  10. Arctic_fox

    Arctic_fox Experienced mx13 execrator

    2,991
    12,944
    Sep 16, 2016
    0
    Right? Mine was $422 for janurary and a goodly chunk of that was bulk freeze dried item so i can make my own chow in the rig.
     
    rbrtwbstr Thanks this.
  11. rollin coal

    rollin coal Road Train Member

    12,506
    23,798
    Mar 29, 2008
    TN
    0
    I'm curious how you guys feed your families on $400-$500 a month in groceries? Are you sure about that? We're at $1,000 on the month of January so far a family of 3. That's pretty typical.
     
    mav100, 86scotty and Magoo1968 Thank this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.