Having to keep track of tax burdens is one of the unique tasks truck drivers must take—in addition to keeping you compliant. Do you own your own trucks? Or do you lease truck cabs? It's important to know how to file your taxes correctly, both online and through traditional route (leasing truck cabs). 

With the IRS pushing for digitization, e-filing has become the preferred method for truckers who wish to meet their tax obligations quickly and effectively.

Why E-filing Makes Sense for Truck Drivers

Trucking professionals usually are on the road so much that paperwork and traditional filing methods are not appropriate. Now, there’s a fast, accessible way for truckers to submit their tax forms: If you use your truck for work, you will need to file all of the needed forms on your own: 

Form 2290 (for Heavy Vehicle Use Tax (HVUT)) and Form C (for Self-employment income)—without printing, filling, and mailing anymore! You will get confirmation that your form has been submitted instantly, and taxes will be processed faster than ever.

Key Tax Forms Truck Drivers Need to Know

A very important form for truck drivers would be IRS Form 2290 if your vehicle has a gross weight of 55, 000 pounds or more. If you are self-employed you will also be required to file Schedule C and Schedule SE to report income and self-employment tax. 

Keep your receipts organized, mileage logs up to date and your maintenance logs up to date. All deductions will be reported correctly.

Deductions That Can Lower Your Tax Bill

Truck drivers may qualify for a number of tax deductions that greatly decrease your taxable income. Common tax deductions include: fuel, repair, lodging, meal expenses (per diem), insurance premiums and even GPS and communication devices used for business purposes. 

E-filing platforms will often prompt you to provide this information so you can claim every dollar you earn.

Choosing the Right E-filing Service

Not all e-filing services are created equal. Truckers will want to look for IRS approved, mobile friendly & specifically designed for trucking professionals. Many tools provide useful features like automatic tax calculations, reminder alerts for deadlines and customer service to help you throughout the process.

 Investing in the right e-filing tool will give you peace of mind and keep you on the road -- not on paperwork.