getting paid to drive a motorhome
Hi everyone, New to the forum, just wanted to pose a question and see if anyone had some input. I'm considering a side job transporting motor-homes. The company is called Horizon Transport. They ...
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Edit: I made a mistake on the self employment tax as you can shield some of it. So it is close but no wiggle room in expenses to make his threshold.
If the assumption of fuel costs are $.50 per mile and self employment taxes at 7.5%. That is $333-$610 per 1,000 miles with no other expenses. So it fails the first pass for the gross revenue.
If the assumption of fuel costs are $.50 per mile and self employment taxes at 7.5%. That is $333-$610 per 1,000 miles with no other expenses. So it fails the first pass for the gross revenue.
