Biz Write-Offs LogoBiz Write-Offs

Hotshot truck and trailer for hotshot truckers

$80,000-$150,000

Can You Write Off Hotshot Truck and Trailer for Hotshot Truckers?

Short answer: Yes: a one-ton pickup and gooseneck used for hotshot loads can be expensed with Section 179 or bonus depreciation.

Keep load records showing business use.

Records to keep: Keep receipts, 1099s and platform tax summaries, a mileage log, and a note of the business purpose.