Truckers keep America moving—but too often, they miss out on tax savings that could keep more money in their pockets. Whether you’re an owner-operator or a company driver, here’s how to maximize deductions:

Per Diem Allowance
Overnight travel qualifies truckers for per diem meal deductions, even if meals weren’t purchased out-of-pocket. This adds up quickly over a year.

Truck Expenses
Fuel, maintenance, tires, insurance, and lease payments are all deductible. Even parking fees and tolls count if they’re business-related.

Special Equipment
CB radios, GPS systems, logbooks, safety gear, and even bedding for sleeper cabs can qualify as deductions.

Home Office Deduction
If you dispatch loads or manage finances from a home office, you may qualify for this deduction. It must be used exclusively for business.

Retirement Contributions
Truckers can reduce taxable income by contributing to retirement plans like a solo 401(k) or SEP IRA—giving them both long-term security and immediate tax savings.

Takeaway: The road may be long, but with the right deductions, truckers can keep more of their hard-earned money and plan for the future.

At Tax Lady Solutions, we provide notary services alongside tax and business support. This makes us a one-stop resource for clients who want both expertise and efficiency in managing their most important paperwork.