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Get your taxes done using TurboTax
Yes, as trucking company you can deduct the following expenses
- Fuel - Diesel
- Meals
- Truck Repairs & Maintenance – For example, Tire repairs, Additives, oil, etc.
- Licenses, permits, registrations, and taxes – There are some permits that you need to pay on the states in order drive through the certain states, such as form 2290 taxes
- Truck Insurance –
- If your truck is in repair and you need to spend the night in a hotel due to the waiting time you can deduct the hotel expenses.
You can find more information at https://turbotax.intuit.com/tax-tips/self-employment-taxes/what-you-need-to-know-about-truck-driver-...
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September 25, 2024
10:09 AM