Here are some common deductions you may be able to claim. You'll file both of these forms along with your Form 1040 tax return. You may also need to complete Schedule SE to report self-employment taxes. You'll use those 1099s, plus your own records of income and expenses, to report your trucking income and expenses on Schedule C. If you're a self-employed driver, on the other hand, you can deduct expenses related to your work.Īs an owner/operator, you should receive a 1099-NEC at year-end from any customer that paid you more than $600 during the year.

If you're an employee of a trucking company and receive a W-2 at the end of the year, unfortunately, none of your job-related expenses are tax-deductible.

Who can claim truck driver tax deductions? Tax season is a chance to claim truck driver tax deductions and get some of that money back. For information on the third coronavirus relief package, please visit our “ American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog post.Īs a truck driver, you rack up a considerable number of expenses on the road - from fueling up to chowing down.

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