1 Guide to Trucker Tax Reporting – Levy & Associates
- Author: levytaxhelp.com
- Published: 02/25/2022
- Review: 4.86 (955 vote)
- Summary: Types of Truck Driver Taxes … Truckers are required to cover A) self-employment taxes, B) federal income tax, and C) state income tax. Self-employment taxes are
- Source: https://www.levytaxhelp.com/guide-to-trucker-tax-reporting/
2 Bill would give tax credit to certain truck drivers over next two years
- Author: overdriveonline.com
- Published: 06/21/2022
- Review: 4.67 (413 vote)
- Summary: · A new bill introduced recently in the U.S. House of Representatives would, if passed and signed into law, establish a $7,500 tax credit over the
- Source: https://www.overdriveonline.com/regulations/article/15290752/bill-would-give-tax-credit-to-certain-truck-drivers-over-next-two-years
3 Lawmakers look at attract more truck drivers with tax credit
- Author: ccjdigital.com
- Published: 05/10/2022
- Review: 4.56 (330 vote)
- Summary: · A new bill introduced recently in the U.S. House of Representatives would, if passed and signed into law, establish a $7,500 tax credit over the
- Source: https://www.ccjdigital.com/regulations/article/15290753/lawmakers-look-at-attract-more-truck-drivers-with-tax-credit
4 Gallagher, Spanberger Introduce Bill to Combat America’s Truck
- Author: gallagher.house.gov
- Published: 11/02/2021
- Review: 4.25 (270 vote)
- Summary: · … truck driver shortage in the United States by establishing a refundable income tax credit for qualified commercial truck drivers
- Source: https://gallagher.house.gov/media/press-releases/gallagher-spanberger-introduce-bill-combat-america-s-truck-driver-shortage
5 Drivers could get $7500 in tax credits under proposed legislation
- Author: transportdive.com
- Published: 01/29/2022
- Review: 4 (419 vote)
- Summary: · U.S. Reps. Mike Gallagher (R-Wis.) and Abigail Spanberger (D-Va.) introduced the bill this month to create two-year refundable tax credits
- Source: https://www.transportdive.com/news/truck-driver-recruitment-retention-tax-credits/622318/
6 Truck Driver Tax Deductions: 9 Things to Claim – Drive My Way
- Author: drivemyway.com
- Published: 12/16/2021
- Review: 3.86 (225 vote)
- Summary: · Drivers are allowed to deduct either a per diem amount (this varies based on where and when you drive) per day from their annual income. The
- Source: https://www.drivemyway.com/blog/truck-driver-tax-deductions-9-things-to-claim/
7 Tax Tips for Owner-Operators: Tax Preparation for Truck Drivers
- Author: primeinc.com
- Published: 10/05/2021
- Review: 3.68 (466 vote)
- Summary: When you drive for a trucking company, taxes are taken out of your paycheck automatically. If you run your own trucking business, you must pay taxes
- Source: https://www.primeinc.com/trucking-blogs/tax-tips-for-owner-operators/
8 Are Independent Contractor Truck Driver Taxes Different?
- Author: truckdriveracademy.com
- Published: 10/30/2021
- Review: 3.43 (243 vote)
- Summary: The IRS allows truck drivers to deduct the full cost because these publications frequently discuss new regulations and information relevant to the workplace. A
- Source: https://www.truckdriveracademy.com/what-are-some-tax-deductions-for-truck-drivers-vs-independent-contractors/
9 Tax Deductions for Truck Drivers – TaxSlayer Support
- Author: support.taxslayer.com
- Published: 12/31/2021
- Review: 3.3 (476 vote)
- Summary: Due to the Tax Cuts and Jobs Act, truck drivers that receive wages reported on a W-2 can no longer deduct items such as mileage and travel on their tax
- Source: https://support.taxslayer.com/hc/en-us/articles/360015702552-Tax-Deductions-for-Truck-Drivers
10 US House lawmakers introduce bill to establish tax credit for truck
- Author: drgnews.com
- Published: 08/11/2021
- Review: 2.99 (571 vote)
- Summary: · The bipartisan Strengthening Supply Chains Through Truck Driver Incentives Act would create a two-year refundable tax credit of up to $7,500
- Source: https://drgnews.com/2022/04/05/house-lawmakers-introduce-bill-to-establish-tax-credit-for-truck-drivers/
11 Lawmakers introduce bill that would give you a tax credit up to
- Author: cdllife.com
- Published: 11/23/2021
- Review: 2.92 (114 vote)
- Summary: · Create a new refundable tax credit of up to $7,500 for truck drivers holding a valid Class A CDL who drive at least 1,900 hours in the year
- Source: https://cdllife.com/2022/lawmakers-introduce-bill-that-would-give-you-a-tax-credit-up-to-7500-just-for-being-a-truck-driver/
12 Company drivers could take hit from new tax law | FleetOwner
- Author: fleetowner.com
- Published: 02/11/2022
- Review: 2.81 (61 vote)
- Summary: · All totaled, the average company driver was entitled to about $18,000 in deductions.” This disappears under the new tax law. Under the new law,
- Source: https://www.fleetowner.com/operations/drivers/article/21701872/company-drivers-could-take-hit-from-new-tax-law
13 Understanding the New Tax Laws & How it Affects Owner Operators
- Author: store.letstruck.com
- Published: 12/15/2021
- Review: 2.67 (181 vote)
- Summary: The driver will still get the new higher standard deduction of $24,000 (married) and $12,000 (single). That means the driver will now receive, $42,900 tax-free
- Source: https://store.letstruck.com/blogs/truckingtribe-com/understanding-the-new-tax-laws-how-it-affects-owner-operators-drivers
14 Tax Deductions for Truck Drivers | LoveToKnow
- Author: taxes.lovetoknow.com
- Published: 07/26/2022
- Review: 2.66 (113 vote)
- Summary: For a truck driver to claim a deduction, they must have what the IRS refers to as a “tax home”. This means that the driver must have a permanent location in
- Source: https://taxes.lovetoknow.com/tax-deductions-credits/tax-deductions-truck-drivers
15 Bill would create tax credit for commercial truck drivers – Land Line
- Author: landline.media
- Published: 05/14/2022
- Review: 2.47 (71 vote)
- Summary: · Create a new refundable tax credit of up to $7,500 for truck drivers holding a valid Class A CDL who drive at least 1,900 hours in the year
- Source: https://landline.media/bill-would-create-tax-credit-for-commercial-truck-drivers/
16 Tax Deductions for Truck Drivers – Jackson Hewitt
- Author: jacksonhewitt.com
- Published: 07/08/2022
- Review: 2.34 (79 vote)
- Summary: Self-employed truck drivers may also deduct 80% of the special standard meal allowance rate or their actual expenses. The 2018 special standard meal allowance
- Source: https://www.jacksonhewitt.com/tax-help/tax-tips-topics/employment/job-specific-deductions/truckdriver/
17 Tax Relief for 1099-Independent Contractor Truck Drivers
- Author: instanttaxsolutions.com
- Published: 04/09/2022
- Review: 2.29 (63 vote)
- Summary: Any reasonable and necessary expense directly related to the operation and maintenance of your business can likely be deducted from your taxable income. Every
- Source: https://instanttaxsolutions.com/content/problems/1099-tax-relief/truck-drivers/
18 What You Need to Know About Truck Driver Tax Deductions
- Author: turbotax.intuit.com
- Published: 09/02/2021
- Review: 2.28 (128 vote)
- Summary: · While the IRS allows most industries to deduct 50% of meals, drivers subject to the Department of Transportation’s “hours of service” limits,
- Source: https://turbotax.intuit.com/tax-tips/self-employment-taxes/what-you-need-to-know-about-truck-driver-tax-deductions/L68YC61fS
19 19 Truck Driver Tax Deductions That Will Save You Money
- Author: truckstop.com
- Published: 01/11/2022
- Review: 2.01 (132 vote)
- Summary: · Until a couple of years ago, some truck driver tax deductions were available to everyone. But now, due to changes in the tax code, only those
- Source: https://truckstop.com/blog/truck-driver-tax-deductions/
20 New Bill Aims to Reduce Truck Driver Tax Liabilities
- Author: truckinginfo.com
- Published: 04/23/2022
- Review: 1.96 (141 vote)
- Summary: Specifically, the Spanberger-Gallagher bill would create a two-year (2022 and 2023) refundable tax credit of up to $7,500 for truck drivers holding a valid Class A commercial driver’s license who drive at least 1,900 hours in the year
- Source: https://www.truckinginfo.com/10166531/new-bill-aims-to-reduce-truck-driver-tax-liabilities
21 2022 truck driver per diem pay: Advantages and tax plan impacts
- Author: schneiderjobs.com
- Published: 06/08/2022
- Review: 1.93 (144 vote)
- Summary: It gives drivers more take-home pay because fewer taxes are withheld. … Learn the ins and outs of driver income by checking out our truck driver pay page
- Source: https://schneiderjobs.com/blog/truck-driver-per-diem-pay
22 Truck Driver Tax Deductions (Everything You Need To Know) – Zippia
- Author: zippia.com
- Published: 07/12/2022
- Review: 1.73 (91 vote)
- Summary: Association Dues. If you’re part of a union or some other trucking association that requires regular fees, you can typically deduct these fees from your taxes
- Source: https://www.zippia.com/truck-driver-jobs/truck-driver-tax-deductions/
23 Tax Moves for Truckers to Make Before Year End | ATBS
- Author: atbs.com
- Published: 04/20/2022
- Review: 1.65 (193 vote)
- Summary: · Let’s take a look at a few of the most important tax moves to make before 2021 comes to an end. Are you a self-employed truck driver that needs
- Source: https://www.atbs.com/post/tax-moves-for-truckers-to-make-before-year-end
24 The Owner-Operator’s Quick Guide to Taxes (2021)
- Author: invoicefactoring.com
- Published: 06/02/2022
- Review: 1.6 (102 vote)
- Summary: · When it comes to trucking business taxes, maintaining diligent and accurate records of both income and expenses is essential
- Source: https://www.invoicefactoring.com/factoring-blog/the-owner-operators-quick-guide-to-taxes-2021/
25 Trucking Companies: Adhering to a Complex Network of State Taxes
- Author: hbkcpa.com
- Published: 03/29/2022
- Review: 1.45 (80 vote)
- Summary: · As well, many states require companies transporting goods to, from, or through their territories to register with their state, file income tax
- Source: https://hbkcpa.com/trucking-companies-adhering-to-a-complex-network-of-state-taxes/
26 Truck Driver Tax Deductions | H&R Block
- Author: hrblock.com
- Published: 10/19/2021
- Review: 1.36 (61 vote)
- Summary: The IRS considers a semi-truck to be a qualified non-personal-use vehicle. As a truck driver, you must claim your actual expenses for vehicles of this type. So,
- Source: https://www.hrblock.com/tax-center/filing/adjustments-and-deductions/truck-driver-tax-deductions/
27 Trucking Tax Center – Internal Revenue Service
- Author: irs.gov
- Published: 07/29/2022
- Review: 1.21 (120 vote)
- Summary: Heavy Highway Vehicle Use Tax … Anyone who has registered or is required to register a heavy highway motor vehicle with a taxable gross weight of 55,000 pounds
- Source: https://www.irs.gov/businesses/small-businesses-self-employed/trucking-tax-center
28 Tax Deduction List for Owner Operator Truck Drivers – CDLjobs.com
- Author: cdljobs.com
- Published: 07/23/2022
- Review: 1.23 (135 vote)
- Summary: · What Are Truck Driver Tax Brackets? · For tax year 2021, the monthly limitation for the qualified transportation fringe benefit remains $270, as
- Source: https://www.cdljobs.com/news-notes/news/tax-deduction-list-for-owner-operator-truck-drivers
29 Truck Driver Taxes: What You Need to Avoid Trucker Tax Problems
- Author: irstaxtrouble.com
- Published: 11/18/2021
- Review: 1.13 (166 vote)
- Summary: Are Truck Payments Tax Deductible? Truck drivers can deduct payments for their trucks. Specifically, they can deduct the interest on the loan (if any), and they
- Source: https://irstaxtrouble.com/irs-collections/truck-driver-tax-problems/