Make a custom microsite for Local truck drivers

The estimated total pay for a Local Truck Driver is $82,864 per year, with an average salary of $72,794 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

Specifically, the Strengthening Supply Chains Through Truck Driver Incentives Act would: Create a new refundable tax credit of up to $7,500 for truck drivers holding a valid Class A CDL who drive at least 1,900 hours in the year. This tax credit would last for two years (2025 and 2026).

The vehicle is an electric vehicle, plug-in hybrid electric vehicle, or fuel cell vehicle. The MSRP of a pickup truck, van, or SUV is $80,000 or less; for all other passenger vehicles, $55,000 or less. See here for current list of eligible models and applicable MSRP caps and here for details about optional equipment.

High Paying Truck Driving Jobs Flatbed Owner Operator. Salary range: $234,500-$350,000 per year. Owner Operator Truck Driver. Regional Owner Operator Truck Driver. OTR Owner Operator Truck Driver. Dedicated Owner Operator. Line Haul Owner Operator. Local Owner Operator Truck Driver. Box Truck Owner Operator.

Key Takeaways. The federal EV tax credit, worth up to $7,500, is a nonrefundable tax credit that has been an effective way to lower the cost of EV ownership for taxpayers. The Inflation Reduction Act of 2022 changed this tax credit by extending its life through 2032 and expanding it to cover more vehicles.

Here are the steps you need to take. Create a business plan. Get a commercial driverʼs license (CDL). Establish your business. File for your U.S. Department of Transportation (USDOT) number. Get your trucking authority. Decide whether to buy or lease a truck. Purchase truck insurance and liability coverage.

A credit is an amount you subtract from the tax you owe. This can lower your tax payment or increase your refund. Some credits are refundable they can give you money back even if you donʼt owe any tax. To claim credits, answer questions in your tax filing software.