Roadmap to Rideshare Taxes

A joint project by the Get It Back Campaign and CASH Campaign of Maryland.
There are three steps to Uber and Lyft taxes

As a rideshare driver, you are self-employed, which means you are a small-business owner. You’ll pay self-employment taxes in addition to your regular income taxes. Learn how to maximize your driving income and file taxes correctly.

#1

Lower your taxes by claiming tax deductions

You are eligible for tax deductions for business expenses that can reduce your taxes. Compile a list of these tax deductions with receipts and keep a mileage log so you’re prepared to file.

#2

Pay taxes as you go (quarterly estimated payments)

Your taxes are NOT automatically taken out of your income. Make estimated payments throughout the year to avoid a penalty.

#3

File Your Taxes

If you make over $400 in self-employment income, you must file. You’ll need to file Schedule C and Schedule SE with Form 1040. You’ll find your rideshare income information on your driver dashboard.

These resources are available to help with your taxes

Roadmap to Rideshare Taxes Cheat Sheet

Review and print out the Roadmap to Rideshare Taxes Cheat Sheet as a reference.

Tax Deduction Tracker and Mileage Log

Track your tax deductions and mileage in these two spreadsheets.

Rideshare Tax Organizer

Before you file your taxes, fill out the Rideshare Tax Organizer to make sure you have everything you need.