Even though you are considered a joint venture for tax purposes, and 2 Schedule "C" must be made out, it is not be necessary to show income for your wife or husband as a team, the amount of income that you recieve must be split without making out a 1099, as before If you want to make sure she will recieve his/her social security when the time comes.
She would be entitled to the following:
The Per diem at the full amount at $59.00 per day and 80% of the total ( also for vans a proof sheet is available) otherwise your log book is sufficient.
it is figured from the day you leave out to the day you return home for time off. but you have to prorate those days by 1/4. depending on the time you leave and return.
Showers if paid for
DOT physical and drug screens.
Laundry must have reciepts or proof of payment ( i have a laundry and shower form) you can request,
If in a cargo van, 1/2 the mileage ( again Shipper and mileage sheet available for proof, but must be filled out on daily basis for each load.)
You can e-mail me at
[email protected]
Franklin Katz, RTP, ATP ,PA, PB,
Frank’s Tax and Business Service
120 York Rd
Kings Mountain, NC 28086-3151
(704) 739-4039
Fax: (704) 739-3934
e-mail: [email protected]
Providing Professional Accounting Services and Income Tax Preparation
Circular 230 Disclaimer – Any tax advice in this communication (including any attachments) is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of (1) avoiding tax related penalties under the Internal Revenue Code or (2) promoting, marketing or recommending to another party any transaction or tax-related matters addressed herein.
