
Rideshare Driver Tax Guide: Maximize Your Earnings as an Uber or Lyft Driver
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Description
If you are an Uber or Lyft driver, you have a responsibility to properly report your income on your tax return. As a Tax CPA, I’ve personally seen countless mistakes that people make reporting their rideshare activity that costs them hundreds (if not thousands!) of dollars on their taxes. Don’t be one of those people. This book will help explain: What exactly being a rideshare driver means for federal tax purposes How to maximize your income by minimizing your tax burden Which specific deductions you can take as a rideshare driver, and how to maintain adequate records, and How to prepare and e-file your tax return for FREE with specific steps and recommendationsRead more
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Episodes (11)
Chapter 4: Quarterly Estimates
Chapter 5: Standard Mileage Rate vs. Actual Expense Method
Chapter 6: Tracking Business Mileage
Chapter 7: Maintaining a Proper Mileage Log
Chapter 8: Deductible Business Expenses
Chapter 9: Deducting a Business Loss
Chapter 10: Documentation and Recordkeeping Requirements
Chapter 11: The Forms and Schedules Required to Prepare Your Tax Return
Chapter 12: How to Prepare Your Tax Return
Chapter 13: Other Rideshare Tax Items