Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

What can I write off for taxes?

I am a truck driver for the motion picture studios. Live in LA Cali. Single. No kids. No house.

What are things I can write off?

6 Answers

Relevance
  • Dash
    Lv 7
    1 decade ago
    Favorite Answer

    If the studio where you work provides your truck, gas, etc. then you probably have no business expense. Since you have no house you did not pay any interest on a home mortgage and you probably did not pay any property tax. You probably did not have a huge out of pocket medical expense unless you have serious health issues. That leaves charitible deductions

    You could deduct charitible donations.

    You could deduct investment losses on stock that you sold.

    In any case if your deductions are not more than the standard deduction of $5,350 for a single person, then you are better off taking the standard rather than to itemize you deductions.

  • 1 decade ago

    Depends on if you are a OTR driver or if you are just a day driver. if you leave any part of the day as an OTR driver and are gone over night then you can deduct $52 a day for full days you are out and $39 a day for partial days for food costs.

    You can deduct the cost of doin your laundry, the costs of detergent. A fridge if you choose to buy one for your truck. microwave, or a toaster. Maps or other publications that are needed for your truck (not a tv, dvd player, dvd's or music or anything like that).

    Any kinds of tools that you have to buy, tarps, locks, or ties.

    Uniforms, and the cleaning of.

    Also standard deductions, last years tax prep fees, state and local sales tax or income tax. medical premiums, doc bills, lab fees, glasses, crutches and things like that.

    Charities and the like.

    tags for your personal vehical(s) are deductable.

    Source(s): Office Manager at Jackson Hewitt
  • 1 decade ago

    days away from home (since you have no house you surely have a residence at which you receive mail)....other expenses that can be deducted that are standard are tolls/weigh stations, taxes such as form 2290 for heavy vehicle use tax, licensing for cdl, and continuing education for laws and new licensing can be deducted also...repairs, wash, upgrades such as radio, antenna, log books...if you have certain things that you are required to wear such as steel toed work boots you may claim those but you have to be very careful in claiming items such as clothing because even if you didnt drive a truck you would still need clothes....you wont need to claim food because per your days away from home you are given an allowance for this....keep your fuel receipts anyway and your shower/laundry receipts....if you have a bookkeeper they will know what to do with these..if you own your truck you may depreciate the value of the truck over a period of time.....it also depends on whether you are a self-employed driver or if you work for a trucking company who reimburses you for such expenses

  • Dan
    Lv 5
    1 decade ago

    you should go to your local bookstore and find a copy of the J.K. Lasser Tax Guide. It is a thick, huge book so don't let it scare you, but it is probably the most comprehensive tax assistance book you'll ever find. Software packages like TaxCut and TurboTax will help you prepare your taxes, but they don't have 1/50 the information that this book does.

  • How do you think about the answers? You can sign in to vote the answer.
  • 1 decade ago

    do some research

    are you W-2 or 1099 earner????

    if W-2, probably nothing since you won't itemize as you've no home

    Source(s): irs.gov schedule C schedule A self employment
  • 1 decade ago

    If you donated to goodwill.

Still have questions? Get your answers by asking now.