For OTR truckers · owner-operators · small fleets

You log the miles. We log the deductions.

Solo owner-op or fleet under 10 trucks. You know the road, the lumpers, and the scales. We know per diem, §168(k) bonus depreciation, and how to keep every settlement statement audit-ready so the IRS does not pull a DOT-style stop on your return.

What truckers leave on the table (and what we fix)

Most owner-operators miss $15K to $50K per year by skipping per diem, mis-classifying fuel and maintenance, or depreciating the tractor wrong. We work the IRC the way it was written for transportation workers.

Per-diem meals and incidentals

$69 per full day away from your tax home in 2024, $51.75 per partial day, transportation-worker special rate. 80% deductible under §274(n)(3). No receipts required for the per-diem method. Annualized, that is $20K to $25K in deductions a solo OTR driver routinely misses.

IRC §274(n)(3); Rev. Proc. 2024-25; Notice 2023-68

Fuel, maintenance, and tolls

Schedule C lines 9, 20a, and 27a done right. Diesel, DEF, oil changes, tires, brake jobs, ELD subscriptions, IFTA fuel tax, IRP plates, tolls, parking, lumpers, scale tickets, washouts. We build a category map so nothing falls into a black hole called "other expenses."

IRC §162(a); Treas. Reg. §1.162-1; Form 1040 Schedule C

Tractor depreciation and §168(k) bonus

New or used Class 8 tractor placed in service in 2024 gets 60% bonus depreciation, with the balance over 3 years under MACRS. A $180K used Peterbilt can throw off $130K of first-year deductions when stacked with §179. We model it before you sign the loan, not after.

IRC §168(k); §168(e)(3)(B); Rev. Proc. 87-56 Asset Class 00.26

Section 179 expensing

$1.16M §179 cap for 2024 (Rev. Proc. 2023-34). Trailers, APUs, sleeper upgrades, in-cab tech, fleet vehicles. We time the placed-in-service date against your taxable income so the deduction is usable and not stranded as a carryover.

IRC §179(b)(1); Rev. Proc. 2023-34

Lumper, scale, and cash receipts

Cash lumper fees and small-ticket receipts are the most-audited line on a trucker return. We build a phone-photo workflow so every lumper, broker reimbursement, and TruckStop charge ties back to a settlement statement. No more shoebox at year-end.

IRC §6001; Treas. Reg. §1.6001-1; Cohan v. Commissioner

Entity and HOS-aware planning

Sole prop versus single-member LLC versus S-Corp election. We model the SE-tax savings against the cost of running a §1402 reasonable wage and a separate driver payroll. We also keep DOT physical and HOS-related medical out of the personal-medical bucket where it does not belong.

IRC §1402(a); §1361; Rev. Rul. 59-221

Real client example

Florida-based solo OTR owner-operator, 280 nights away from tax home in 2024, $230K gross revenue. Prior preparer skipped per diem entirely and depreciated the tractor straight-line.

$42,000 deducted in per diem alone

280 nights at $69 transportation-worker per diem, 80% deductible. Combined with corrected §168(k) bonus depreciation on the tractor, total federal tax reduction vs. the prior return was over $19K.

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Disclaimer. This page is general tax information, not advice for your specific situation. Code section references and IRS revenue procedures are accurate as of the 2024 tax year and may change. Per-diem eligibility requires that you are away from your tax home substantially longer than an ordinary day's work and need sleep or rest. Savings examples are illustrative and based on actual client outcomes but your results will depend on miles, lanes, entity structure, state of residence, and documentation quality. Zero Fuss Taxes is the operating brand. We are not your tax advisor until we sign an engagement letter.