Business
Demo Trucking LLC
Demo Owner Operator
Kearney, MO, 64060
Tax Year
2025
Income Sch. C, Part I — Line 1
| Linehaul | $192,332.38 |
| Fuel surcharge | $20,243.66 |
| Detention | $3,564.59 |
| Accessorial / other pay | $1,418.28 |
| Gross income | $217,558.91 |
129 loads 88,359 total miles (81,245 loaded · 7,114 empty)
Deductible Expenses Sch. C, Part II
| Fuel Line 9 — Car & truck | $55,957.92 |
| Repairs & maintenance Line 9 — Car & truck | $3,940.77 |
| Business loan interest Line 16b — Interest | $9,340.00 |
| Insurance Line 16a | $16,287.83 |
| Phone Line 21 | $998.03 |
| Legal & professional Line 17 | $3,015.78 |
| Tolls Line 27a — Other | $829.80 |
| Scales Line 27a — Other | $190.01 |
| Lumper fees Line 27a — Other | $3,720.70 |
| Parking Line 27a — Other | $317.51 |
| Supplies Line 27a — Other | $739.54 |
| Total deductible expenses | $95,337.89 |
Per Diem — Meals & Incidentals Sch. C, Part II — Line 24b
| Full overnight days × $80/day | 129 days |
| Partial overnight days × $60/day | 0 days |
| Deductible at 80% (your Sch. C deduction) | $8,256.00 |
Annual Summary
| Gross income | $217,558.91 |
| Less: total deductible expenses | $95,337.89 |
| Less: per diem deduction | $8,256.00 |
| Net (income − all deductions) | $122,221.02 |
Revenue/mile $2.46 Profit/mile $1.29 Operating ratio 47.6%
Loan Principal Paid · for reference only
| Principal paid (not a Sch. C deduction) | $21,950.00 |
Principal reduces your loan balance — it is not deductible. Only the interest portion is a Schedule C deduction (shown above under Line 16b).
Estimated Tax Payments Made · total $39,840.29
| Quarter | Date | Amount | Confirmation |
|---|---|---|---|
| Q1 | Apr 15, 2025 | $10,626.81 | DEMO78479546 |
| Q2 | Jun 15, 2025 | $8,913.31 | DEMO27603057 |
| Q3 | Sep 15, 2025 | $9,627.36 | DEMO67011512 |
| Q4 | Jan 15, 2026 | $10,672.81 | DEMO46277263 |
Fuel by State · IFTA reference
| State | Gallons | Total |
|---|---|---|
| TX | 4646.6 | $19,065.78 |
| AZ | 3139.5 | $13,080.07 |
| AR | 2273.8 | $9,296.31 |
| AL | 1350.3 | $5,715.22 |
| OK | 1301.3 | $5,537.80 |
| LA | 805.8 | $3,262.74 |
Figures for your records or your CPA — this is not tax advice and no tax is calculated. Schedule C line references are provided as general guidance only; confirm with your tax professional. Per diem uses the IRS special transportation industry rate ($80 full day · $60 partial day) × 80% deductible — confirm the current year's rate with your CPA. Depreciation rules and Section 179 limits change annually; the Asset Purchases table provides cost basis only.