What is Tax Extension and How to File It
Tax extension, tax refund, tax filings, tax return, tax services, tax preparation
Are you an Uber or Lyft Driver? If you are, you should know about these tax deductions!
The popularity of share riding services increases every day as well as the need for drivers. Uber and Lyft drivers are considered self-employed and at the end of the year receive 1099 from its employer. As Uber/Lift driver you have 2 methods for deducting driving expenses - standard mileage or actual expenses. Consult with your tax prepare before filing the taxes which one of these options will be the most favorable for you. Check this list of deductions that each driver can