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Level 1
April 17, 2026
Question

I have a business name for a trucking company that I am trying to get going I have named it, I don't even have a truck my company made $0 so far so I don't have to file?

  • April 17, 2026
  • 1 reply
  • 71 views
Can I file taxes for my truck business I leased a truck made weekly payment s $800.00 and was contracted by a company in Illinois and I was never paid my wages then they send me a 1099 NEC saying I made 21,000 lol. Yeah right. I was basically paying a lease on a truck and hauling loads for this company and got 3 checks totaling 1,200 dollars if that. So how would I file that under what tax form?

1 reply

PatriciaV
Level 15
April 19, 2026

Your trucking business is considered self-employment. To report your expenses and income, Go to the 1099-NEC screen under Income in the Federal section and set up your business. Follow the interview and read each page (look for blue help links if you need to learn more) before you answer the questions.

 

If you don't agree with the Form 1099-NEC that you received, you need to contact the trucking company and have them issue a corrected form. The IRS receives a copy and will expect you to report the amount shown on that form.

 

Your truck lease payments are entered as a rent expense. Fuel and maintenance are also expected expenses for your business.

 

Additional Information: What self-employed expenses can I deduct?

 

 

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