General Deductions by Trade
This is list represents a listing of frequently used deductions, please confirm with your tax preparer for items that apply to your specific situation.
| TRUCK DRIVER | TRUCK OWNER |
|
Lodging / Sleeper bedding Away from home laundry Cell phones and service plans Tools GPS Scale, tolls and bridges fees Truck cleaning supplies Log books and office supplies Medical exams Gloves and safety gear, (boots, hard hats) Computers or tablets Truck Equipment - snow chains, tarps, straps |
Fuel Repairs Maintenance – costs to keep the truck in working order (oil changes etc) Depreciation Interest on business equipment Improvements – costs for items added or replaced Tires Registration fees and license fees Brokers fees Accounting and tax preparation fees Insurance Bank fees Home office if applicable Rental/Leasing – trailers, trucks office and parking spaces Other items necessary and ordinary to conduct business |
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