Monday, May 24, 2010

Ok where can i find a list of things i can deduct as a company otr truck driver?

basically im a truck driver trying to do my taxes and i need a little help. im using the turbo tax software scedule c, if ne one has used this to do their taxes and could offer some help/advice that would also be appreciated

Ok where can i find a list of things i can deduct as a company otr truck driver?
NUmber one did you get receipts for everything you bought out on the road??? Things like meals, toll tickets, accomodations, clothing, pens, paper and other goodies, fuel, maintenance costs etc. Do you maintain and office at home??? If so then that also becomes an expense and so does heating it, electricity for it etc.


many of the truckstops have a tax guy that could give you a decent run down on the eligibility of items and also the OOIDA web site has some info as well.





For me I write off other things like computers, networking stuff, laptop for the truck, software, home office, cable tv as it has the stupid weather channel which also has winter road condition reports and other goodies as well. SOme items you may not be able to claim 100% so better to consult the know it alls in the tax business or an accountant that handles trucking brokers.





Isn't tax time fun???





Oh btw the accountant or tax guys if they charge a fee for the consultation that also is a write off, get receipt. Get receipts for everything!!!!
Reply:Youre so lucky, as a truck driver you have


enormous resources to deduct. Does your


company reimbuse you for anythiong?


Diesel, I know thats a big one. Tires,


Repairs for the truck? Is it an 18whl


Bathrooms, rest stops that charge money


Meals, Does anybody help you drive?


You can deduct if you pay an assist.


driver. Celphone usage, any cargo


expenses, fees, tolls.


Any tools outof pocket. I can go on.....and


on just think of anything that you spent


that you didnt get reimbused for ok.


Good luck!!

gerbera

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