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Thread: Should I be Saving My Receipts?

  1. #1
    Blind Driver's Avatar
    Blind Driver is offline Senior Board Member
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    Apr 2006
    Location
    New Albany, IN
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    540

    Default Should I be Saving My Receipts?

    It's tax time again. I only drive locally, but sometimes I go 150 miles from our "terminal". Is there any tax deductions available to me? No overnight travel.
    "Professional stake killer with ability to operate heavy equipment"

  2. #2
    Jackrabbit379's Avatar
    Jackrabbit379 is offline Board Icon
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    Oct 2005
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    Wichita Falls,Tx
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    Default

    Nope. If you are home on a daily basis, you cannot right off any of those expenses.

  3. #3
    millersod215 is offline Board Regular
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    May 2006
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    Tallahassee, Fl
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    I'm home everynight and have written off expenses for the last 6 years, boots, gloves, meal allowance, cb radio, antennas, the list goes on. I've got a good tax lady with H&R Block whose husband is a driver, hell we even write off the phone bill, just some of the benefits of being a driver. So I beg to differ, save your receipts and find a good agent who will help you.

  4. #4
    Blind Driver's Avatar
    Blind Driver is offline Senior Board Member
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    New Albany, IN
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    Quote Originally Posted by millersod215 View Post
    I'm home everynight and have written off expenses for the last 6 years, boots, gloves, meal allowance, cb radio, antennas, the list goes on. I've got a good tax lady with H&R Block whose husband is a driver, hell we even write off the phone bill, just some of the benefits of being a driver. So I beg to differ, save your receipts and find a good agent who will help you.
    That's the answer I was wanting

    I wouldn't have bought my iphone if it wasn't for me being in the truck for 12+ hours.

    I only need to fill out a 1040EZ. I wonder if the extra expense of paying someone to get me the deductions is worth it.
    "Professional stake killer with ability to operate heavy equipment"

  5. #5
    Ronin is offline Board Regular
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    May 2008
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    Default

    compare your expenses to the standard deduction which is 9350 single or 18700 for a married joint return. If you itemize you may not be able to take these deductions and you probably can't do a 1040EZ either.

  6. #6
    Roadhog's Avatar
    Roadhog is offline Board Icon
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    I gotta breeze up me Kilt
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    Default

    Just put a (D) next to your last name, and you won't have to pay any taxes.


  7. #7
    millersod215 is offline Board Regular
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    May 2006
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    Tallahassee, Fl
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    Default

    Granted I don't get quite the deductions as an OTR driver does, but I'm just simply saying it is worth your while to save your receipts and invest your time in finding a tax man/woman who is knowledgeable in this field of work, it will go a long way.

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