Search results

I have always used the Turbo Tax that includes Form C for business expenses. Last year I used Taxslayer online. It worked, and was inexpensive. But I felt blind filling it out as it didn't let me look at the forms like Turbo Tax does. But, we're talking $19.99 for Taxslayer vs. Turbo Tax at...

I don't know which versions of Turbo-Tax do the per diem, but I always said my occupation was truck driver and on the travel expenses, I indicated that I was subject to DOT HOS regulations. That let me put in my full per diem and Turbo-Tax would calculate my 80% deduction.

That's the answer. Thanks.

Didn't quite answer the main question. Gross or net?

If I retire at 62, I can still earn $14,620 before it affects my SS benefits. If I'm self-employed and receive a 1099, is it my net after expenses? If I get a normal paycheck, is it my gross income? Just wondering if I can work part time so I don't lose my mind sitting at home.

Don't and won't own a van or any other truck. I'll just keep deducting fuel and all the other expenses.

As a new van driver, let me try to understand what you are saying. Instead of deducting my actual fuel costs, I can deduct $ .50 per mile for all the miles I drive this van for expediting? And, do I still qualify for per diem? Thanks.

The day you leave and the day you return home are each considered 3/4 per diem.

By non-CDL I was referring to no longer having to have DOT med cards, log books, scales and all the other crap I've put up with since 2004.

As a Class A and Class B driver, I have had log books to prove my time away from home. If I were to become a non-CDL driver, what proof can I use as a substitute for log books?

I was glad to find this thread. I feel pretty confident about what can be deducted, but one thing baffles me. I was told that non-prepared foods ( please tell me what they are?) were deductible even with a per diem deduction. I'm ready for all y'all opinions on that. And, even better...

That was a lot of good information. Thank you for taking the time to answer.

I owe some taxes for 1997. I have a repayment plan set up with the IRS. As long as I continue making my payments, are my checking and savings accounts safe? What about an HSA? If I default for any reason on my payments, can the IRS take that money? If I set up an "Offer in Compromise", is...