Tax Help

612960

{"text":"I’ll start off by saying I am 21 and I have never fully understood taxes. I’m a company driver. I know the government takes money from each paycheck and if you claim 0 then at the end of the year you will most likely get some money back. I also know that truck drivers get Per Diem which is around $60 a day they can claim to be tax free. My questions are as follows. 1. Say I drive 300 days a years. So that’s 18k that is tax free. At the end of the year if I do NOT itemize can I still claim that 18k? \n2. My company offers a thing where they pay me 12 cents not taxed of my 40cents a mile. So I’d get a bit more money each paycheck. Would this be a good thing to sign up for or would it be the same as getting a bigger refund check at the end of the year? \n\nBasically. Help me understand how this Per Diem thing works so I can figure out what works best for me.","pics":"[]","canComment":true}

631628

{"replyTo":"","text":"Best advice you'll get is find a tax consultant who specializes can commercial drivers tax returns and it'll be money well spent on your end... save every single receipt you by while on the road whether you think it will apply to your write-offs or not because you don't know at this point, and a professional well. my motto is, I do what I'm good at to make money to pay people to do what they're good at, so go find a tax guy.","replyToPid":0}

175224

{"replyTo":"","text":"If you take the PER DIEM you will get more of your money to use during the year. My husband and I used this before we married and we STILL got back a $1400 tax return nearly every year each, with no dependents.","replyToPid":0}