I need help with better understanding a " Statutory " employee, I work at U-Haul moving and storage, I rent trucks and sell boxes and other moving needs.

If you recieved a W-2 with the statutory employee box checked, this may apply to you. 

Statutory employees are a very special designation and have their own special rules. If you are a statutory employee, you can claim certain business-related expenses on Schedule C instead of Schedule A. This means you get a bigger tax deduction than traditional employees.

Statutory employees are somewhere in between independent contractors and regular employees. Most people are regular employees - they work for an employer and the employer says what job will be done and how to do it.

Statutory employees have been declared employees under federal tax laws, but are independent contractors under common law. These workers are usually work salespeople or have commission-based jobs.