arrow_back Back to App

Tax Credit for Truck Drivers: Boosting Supply Chains

This new law introduces a refundable tax credit for commercial truck drivers to strengthen supply chains. Eligible drivers can receive up to $7,500, with new drivers potentially getting up to $10,000, which could improve their personal finances and encourage entry into the trucking profession.
Key points
Commercial truck drivers with a valid Class A CDL can receive a $7,500 tax credit.
New truck drivers may receive a $10,000 credit, encouraging new entrants to the profession.
The credit is available for individuals who worked at least 1900 hours annually or an average of 40 hours per week (for new drivers).
Income limits apply: $135,000 for joint filers, $112,500 for heads of household, and $90,000 for others.
Apprentices in registered programs can count training hours towards the work hour requirement.
Credit amounts will be adjusted for inflation starting in 2025, and the program is set to expire at the end of 2026.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_2391
Sponsor: Rep. Ryan, Patrick [D-NY-18]
Process start date: 2025-03-26