Congrats, look forward to reading about your journey. I begin mine in another week as well.
Thank you Chuck, and Danielsahn!
I had a question for whoever has an answer. I got a call from a buddy of mine who is an owner operator , he recommended me going with his former company out of Chicago (honestly didn't mention the name). He told me that I'd be bringing home $1200-$1400 a week as a company driver. Now here's the thing, he said that I will be using a 1099 tax form. Is anyone familiar with this type of setup. The money sounds good but I don't want to have to end up paying 10k in taxes at the end of the year.
An owner-operator is a driver who either owns or leases the truck they are driving. A self-employed driver.
Aram please do NOT do that.
You are not a company driver but a contractor if paid as a 1099. No benefits. That's lousy money considering that, plus you'll be paying out-of-pocket for half the total cost of FICA and Unemployment Tax. You'll likely need to provide your own insurance...possibly liability as well. The company will have zero ties to you and in all likelihood NOT provide any road training, which you will definitely need fresh out of school.
It's a bad deal,...run.
It's a bad deal,...run.
I agree.
Gotcha, I figured it was a little fishy. Thanks for the tip. Man I'm glad I registered on this forum, you guys have been a great help.
Aram please do NOT do that.
You are not a company driver but a contractor if paid as a 1099. No benefits. That's lousy money considering that, plus you'll be paying out-of-pocket for half the total cost of FICA and Unemployment Tax. You'll likely need to provide your own insurance...possibly liability as well. The company will have zero ties to you and in all likelihood NOT provide any road training, which you will definitely need fresh out of school.
It's a bad deal,...run.
Well guys, and gals. I'm scheduled for orientation this Sunday 3/18/2018 in Dallas Texas with Stevens transport. They're giving me 3 options, they'll buy me a bus ticket which will take 1 day and 3 hours to get there. I can buy a plane ticket (which is 6 hours), and they'll reimburse me up to $200, or I can drive drive there (17 hour drive) and they'll reimburse me up to $200. What y'all think I should go with?
Hey congrats!
I wouldn't take your car. You're never going to figure out how to get it back home. Taking the bus is no picnic but hey, it's a day on a bus, not a year in a Federal penitentiary so no big deal. Obviously flying would be great if you can afford it, otherwise just take the bus.
Thanks, Brett. They said at the end of my 6 to 8 week training they'd give me a chance to drive it back home. The thought of driving it down there free as a bird is intriguing but idk how much I'd waste in gas money ( I drive a 97 Toyota Land Cruiser). Some of the air line tickets I see are below 200, so I might go that route. I've already been on a bus from Houston Texas to Virginia, ironically lol so idk if I wanna do that honestly. Anyone drove from Virginia to Texas before?
Hey congrats!
I wouldn't take your car. You're never going to figure out how to get it back home. Taking the bus is no picnic but hey, it's a day on a bus, not a year in a Federal penitentiary so no big deal. Obviously flying would be great if you can afford it, otherwise just take the bus.
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Thank you, G-town βΊπ€