Questions & Answers

What if I drive for Uber, Lyft, or another company?

Income you receive for driving for Uber or another company is considered self-employment income and is reported on Schedule C. You're required to report it on your tax return.

You can take deductions though; some common deductions drivers can take include:

• car expenses (miles driven)
• parking and tolls
• insurance
• home office deduction
• interest on a car loan
• fees and commissions
• smart phone used for business
• snacks/water you provide for customers
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