Free apps and excel templates for truck drivers and dispatch managers. The real trucking expenses of an owner operator posted in category. Date provided by aapril tax service inc 126 n genesee st waukegan il 60085 8472635818. Some drivers contract out work, some work for a company, and some own their own businesses. Complete list of owner operator expenses for trucking january 20, 2019 by scott currey whether you are a first time owner operator just starting up or a seasoned veteran who knows his operation inside out, weve all heard the adage preparation is the key to success. If you dont file for one year, the odds are you are not going to file for the next year, the next year, and so on. Free apps and excel templates for truck drivers and. Im looking for a speadsheet that i can record my truck expenses on. As an owneroperator, you are selfemployed, so any expense related to operating your business is taxdeductible.
For more trucking industry news, information and high paying trucking jobs, continue to visit for uptodate information and job postings. Truck and delivery drivers give onthego a whole new meaning. Learn how to keep a copy of the trip reports you hand in. The internal revenue service requires you to provide written proof of an expense. Attorney fees for business, accounting fees, bonds, permits, etc. Owner operator and company drivers alike can lower their tax liability by creating a truck driver tax deductions worksheet that includes all of the expenses you incur in the course of doing business. Cutting fuel costs and improving fuel efficiency for owner operators. Drivers, trucking industry, trucks by jurica magoci august 29, 2017 min comments as everything else in life, trucking as an owner operator has its own pros and cons, and there a few things that one should consider, with the most obvious being the trucking expenses that. Simple record keeping tips for truck drivers youtube. Worksheet for long haul and overnight truck drivers. An owneroperator is a driver who either owns or leases the truck they are driving.