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$49,671.56$40,678.96$0.00$0.00$90,350.52
Fuel surcharge$5,360.76$4,063.63$0.00$0.00$9,424.39
Detention$575.25$971.08$0.00$0.00$1,546.33
Accessorial$124.65$413.78$0.00$0.00$538.43
Gross income$55,732.22$46,127.45$0.00$0.00$101,859.67
Load count38260064
Deductible Expenses
ItemQ1 (Jan–Mar)Q2 (Apr–Jun)Q3 (Jul–Sep)Q4 (Oct–Dec)Full Year
Fuel$15,337.61$12,371.88$0.00$0.00$27,709.49
Tolls$394.97$197.32$0.00$0.00$592.29
Scales$42.02$27.90$0.00$0.00$69.92
Lumper$1,347.73$1,540.79$0.00$0.00$2,888.52
Parking$75.03$56.02$0.00$0.00$131.05
Insurance$4,972.48$5,526.90$0.00$0.00$10,499.38
Phone$300.29$166.41$0.00$0.00$466.70
Supplies$127.92$0.00$0.00$0.00$127.92
Professional$896.49$145.14$0.00$0.00$1,041.63
Maintenance$4,797.48$583.93$0.00$0.00$5,381.41
Loan interest$2,529.00$1,616.00$0.00$0.00$4,145.00
Total deductible$30,821.02$22,232.29$0.00$0.00$53,053.31
Summary
ItemQ1 (Jan–Mar)Q2 (Apr–Jun)Q3 (Jul–Sep)Q4 (Oct–Dec)Full Year
Net (income − deductible)$24,911.20$23,895.16$0.00$0.00$48,806.36
Per-diem full days ($80/day)38260064
Per-diem partial days ($60/day)00000
Per-diem deduction (×80%)$2,432.00$1,664.00$0.00$0.00$4,096.00
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
TX2861.6$12,090.68
AZ1444.2$5,838.48
AL706.8$2,803.90
LA633.8$2,627.42
OK622.7$2,427.72
AR448.8$1,921.29

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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