this post was submitted on 28 Jan 2024
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Yeah i know what 1099 means, just not the details of deductions. I’m saying fuel costs a lot lot; it costs hundreds? to fill a big rig? So the deductions can’t possibly make up for it? Unless you’re never off the road? I know there’s long haul and local short jobs, I’m just trying to get a picture. Doesn’t seem worth it. Plus driving gets hard on hands, arms, neck, back and butt so add in medical issues from years of it.
You can deduct fuel, you can deduct t any food bought while working, you can deduct the depreciation of the truck itself which on those big rigs can be significant.
Spending 12k in expenses wouldn’t take very long at all I imagine