Author Topic: Uber - Deductions?  (Read 1444 times)

newton

  • Stubble
  • **
  • Posts: 179
Uber - Deductions?
« on: September 24, 2017, 12:30:59 PM »
If you drive for Uber, are you eligible to subtract your expenses for the car from your income?

Rcc

  • 5 O'Clock Shadow
  • *
  • Posts: 84
  • Location: NC
Re: Uber - Deductions?
« Reply #1 on: September 28, 2017, 11:50:46 AM »
Short answer: you deduct expenses on the vehicle OR the mileage at the IRSs mileage rate for the tax year.

I deduct mileage. Not expenses.

https://therideshareguy.com/all-of-your-2014-rideshare-tax-questions-answered-a-turbotax-giveaway/

newton

  • Stubble
  • **
  • Posts: 179
Re: Uber - Deductions?
« Reply #2 on: September 29, 2017, 06:52:55 AM »
Thanks for the info!  May be a dumb question but do you just track in a notebook??

Proud Foot

  • Handlebar Stache
  • *****
  • Posts: 1160
Re: Uber - Deductions?
« Reply #3 on: October 02, 2017, 08:43:22 AM »
You could use a notebook and write down mileage or there are many apps you can use to track the miles.

401Killer

  • Stubble
  • **
  • Posts: 158
Re: Uber - Deductions?
« Reply #4 on: October 23, 2017, 12:30:45 PM »
I just track the mileage from leaving my house and until I'm back home. Door to Door.