Tax Prep Summary

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Quarterly income and deductible expenses for your records or your CPA. Figures only — no tax is calculated.

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Income
ItemQ1 (Jan–Mar)Q2 (Apr–Jun)Q3 (Jul–Sep)Q4 (Oct–Dec)Full Year
Linehaul$56,701.87$31,940.32$0.00$0.00$88,642.19
Fuel surcharge$6,516.33$3,522.38$0.00$0.00$10,038.71
Detention$796.54$1,654.69$0.00$0.00$2,451.23
Accessorial$450.70$0.00$0.00$0.00$450.70
Gross income$64,465.44$37,117.39$0.00$0.00$101,582.83
Load count38270065
Deductible Expenses
ItemQ1 (Jan–Mar)Q2 (Apr–Jun)Q3 (Jul–Sep)Q4 (Oct–Dec)Full Year
Fuel$17,108.16$9,784.69$0.00$0.00$26,892.85
Tolls$325.14$293.61$0.00$0.00$618.75
Scales$54.51$42.40$0.00$0.00$96.91
Lumper$1,187.56$675.65$0.00$0.00$1,863.21
Parking$55.98$120.13$0.00$0.00$176.11
Insurance$4,972.48$5,526.90$0.00$0.00$10,499.38
Phone$314.54$68.52$0.00$0.00$383.06
Supplies$61.12$108.53$0.00$0.00$169.65
Professional$1,277.14$559.54$0.00$0.00$1,836.68
Maintenance$1,202.15$1,105.95$0.00$0.00$2,308.10
Loan interest$2,529.00$1,616.00$0.00$0.00$4,145.00
Total deductible$29,087.78$19,901.92$0.00$0.00$48,989.70
Summary
ItemQ1 (Jan–Mar)Q2 (Apr–Jun)Q3 (Jul–Sep)Q4 (Oct–Dec)Full Year
Net (income − deductible)$35,377.66$17,215.47$0.00$0.00$52,593.13
Per-diem full days ($80/day)38270065
Per-diem partial days ($60/day)00000
Per-diem deduction (×80%)$2,432.00$1,728.00$0.00$0.00$4,160.00
Loan principal (not deductible)$6,858.00$4,642.00$0.00$0.00$11,500.00
Estimated Tax Payments Made · total $10,967.38
QuarterDateAmountConfirmation
Q1Apr 15, 2026$10,967.38DEMO40421585
Fuel by State · IFTA reference
StateGallonsTotal
TX2420.9$9,998.57
AZ1254.6$5,153.29
AR1098.5$4,387.64
AL801.6$3,327.77
LA561.6$2,246.94
OK429.0$1,778.64

Figures for your records or your CPA — this is not tax advice and no tax is calculated. Loan principal is shown for reference only; it is not a Schedule C deduction (the interest is). Per-diem deduction uses the 2024 IRS special transportation industry rate ($80 full day · $60 partial day) × 80% deductible — confirm the current year's rate with your tax pro. Depreciation rules change yearly.

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