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Substantiated Expenses

Substantiated expenses are expenses that have documentary evidence to support them.  It is very important for professional truck drivers to properly document trucking expenses that they deduct from their taxes so that they can be validated if a tax return is audited by the IRSSee tax audit.  Trucking-related expenses that are deducted from a truck driver's tax return must be substantiated for the tax deduction to be valid.  A substantiated expense is one that a truck driver can prove through the use of adequate recordsIRS Publication 463 describes the level of recordkeeping required by truckers who are deducting their employee job expenses.


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