Expedite Trucking Forums - View Single Post

Thornapple · 11-08-2007, 07:41 PM

>Under 10,000 lbs may use either the standard mileage rate or
>Actual Expense method of EXPENSING, this is only for Cars,
>Pick-up trucks, Cargo Vans, and panel trucks. or trucks with
>Van or Pick up bodies with 10-12 ft boxes and gross under
>10,000 lbs GVR.

OK see if I can understand this: The 3/4 ton cargo van that I drove for a fleet owner and paid for the fuel can be deducted for the recipts that I have for the fuel.

Right?

>
>All other vehicles must take depreicationa and actual
>expenses, Deduction of cost of fuel it the only one that
>can be expensed.
>Deadhead miles are not Deductible at all to a vehicle over
>10,000 lbs period.
>
>Sorry people but that is the what the IRS says.
>
>FRank

The D unit that I'm driving now but not paying for the fuel but sometimes buying a wiper blade or light ect. I can deduct those things.

Right?

But the DEAD HEAD miles I don't understand.

I'm waiting in city A for a load.

The load is avalible in city B, and thats 49 miles away.

I don't get paid DH because it's under 50 miles and I don't get to depreciate the truck for the 49 miles or the time I owned the truck driving that 49 miles but I do get to claim the 6 gal. of fuel that it takes to drive the distance?

(no I don't own the truck I'm driving but I'm thinking about owning one someday and that's the reason for the question.)

I guess I don't understand the words:
>Deadhead miles are not Deductible at all to a vehicle over
>10,000 lbs period.

Are miles ever deductible?

Isn't the cost of putting those miles on (fuel maint. ect.) the only things that are ever deductible?

Isn't depreciation a "time" thing? For a year, or 3 years, or 5 years?

I'm concerned because you said in a previous post that any dead head under 250 miles doesn't count as being away from home, and this looks like within that 250 mile radius of home I can't claim anything. (food, showers, supplies, ect.)

Just wonderin???
t.

11-08-2007, 07:41 PM	#5 (permalink)
Thornapple Member Join Date: Apr 2007 Location: . Rating: Not Rated Posts: 71	RE: DEADHEAD MILES >Under 10,000 lbs may use either the standard mileage rate or >Actual Expense method of EXPENSING, this is only for Cars, >Pick-up trucks, Cargo Vans, and panel trucks. or trucks with >Van or Pick up bodies with 10-12 ft boxes and gross under >10,000 lbs GVR. OK see if I can understand this: The 3/4 ton cargo van that I drove for a fleet owner and paid for the fuel can be deducted for the recipts that I have for the fuel. Right? > >All other vehicles must take depreicationa and actual >expenses, Deduction of cost of fuel it the only one that >can be expensed. >Deadhead miles are not Deductible at all to a vehicle over >10,000 lbs period. > >Sorry people but that is the what the IRS says. > >FRank The D unit that I'm driving now but not paying for the fuel but sometimes buying a wiper blade or light ect. I can deduct those things. Right? But the DEAD HEAD miles I don't understand. I'm waiting in city A for a load. The load is avalible in city B, and thats 49 miles away. I don't get paid DH because it's under 50 miles and I don't get to depreciate the truck for the 49 miles or the time I owned the truck driving that 49 miles but I do get to claim the 6 gal. of fuel that it takes to drive the distance? (no I don't own the truck I'm driving but I'm thinking about owning one someday and that's the reason for the question.) I guess I don't understand the words: >Deadhead miles are not Deductible at all to a vehicle over >10,000 lbs period. Are miles ever deductible? Isn't the cost of putting those miles on (fuel maint. ect.) the only things that are ever deductible? Isn't depreciation a "time" thing? For a year, or 3 years, or 5 years? I'm concerned because you said in a previous post that any dead head under 250 miles doesn't count as being away from home, and this looks like within that 250 mile radius of home I can't claim anything. (food, showers, supplies, ect.) Just wonderin??? t.