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deductions

  1. Taxes
    Edit: Just realized an earlier thread has already been created on this topic. I am moving this post there. - I am trying to be pro-active and attempting to file early as advised by security specialists in response to having a fraudulent Unemployment Insurance claim made in my name. While I...
  2. Canberra
    The cost of an ACT annual loading zone parking permit for 10 minutes at a time has been $215.20 since 1 July 2019 (up from $209). Obtaining a loading zone parking permit is something that Uber Eats delivery drivers should definitely consider and particularly so if they operate in the CBD or...
  3. Australia
    From the Tax Office's Small Business Newsroom: Running your business from home? 2 July 2019 If your home is your main place of business, you may be able to claim the business portion of some of your expenses such as: electricity cleaning mortgage payments rent payments. It can be tricky...
  4. Australia
    From the Australian Taxation Office's Small Business Newsroom: Work out what business expenses you can claim 21 May 2019 You should apply these three golden rules when claiming business expenses to help get it right: The expense must have been for your business - not for private use. If the...
  5. Chicago
    This is my first full year as a driver. Not sure if these can get claimed as expenses ("All [these] items may be tax deductible....") What u do? (I understand no one by answering is functioning as my CPA) approximate dollar ammounts Uber Service Fee/Other Adjustments, $5k Booking Fee, $4k...
  6. Australia
    From the Australian Taxation Office's Small Business Newsroom: What you need to know about deductions 25 May 2018 When working out what business deductions to claim this tax time, it's important to remember the three golden rules: The money must have been spent for your business - not a...
  7. Taxes
    I plan to use the standard mileage rate this year. My understanding is anytime the app is on and I am online and I am accepting rides (even in destination mode) I can count those miles towards SMR deduction. My question is can I count any other miles with the app off ever, that relate to...
  8. Boston
    I'd like to know what you guys use to keep track of everything, like mileage, and expenses! Which Apps work the best for you, or do you have another method that you think is better? I've been with Uber for 7 months now, but I've only been driving for 2 months. So I'm still a newbie! Also, I know...
  9. Taxes
    Okay, so I'm sort of freaking out here. I know there are a lot of deductions on the chopping block, and more being restricted. Since we get 1099'ed we are taxed on more money than we actually receive. That use to be okay bc I would deduct Uber fees, the mileage deduction and a bunch of other...
  10. New York City
    uber seems to include taxes in our 1099 figures, which means they need to be deducted. where is the best place to deduct them. is there some leeway or is there only ONE acceptable line to use for this deduction on the schedule c. because i've seen ppl say "deduct it HERE" but i'm not sure if...
  11. Sydney
    Hi, Once you take into account Tax deductions and zero responsibility for the car, I'm wondering if you're better off using a rental car for Uber? Let's say the average rental amount is $250/w (I've seen some as low as $170/w, but there are additional signup fees which negate this "cheap"...
  12. Phoenix
    So I finally decided to figure out just how much we can actually write off on our taxes for driving. Basically you can either take a standard deduction based off your miles driven. Or you can track each expense such as gas, car wash, insurance, ect... then multiple those expenses by the...
  13. Taxes
    Most people think that if you've taken the SMD you've taken all your deductions and there is nothing else to think about. Wrong. You might miss a large deduction when you sell the vehicle. The SMD has a built in depreciation amount. For 2016 it is .24 cents a mile. For 2017 it's .25 cents a...
  14. Taxes
    Can I deduct vehicle upgrades? What have you successfully, or unsuccessfully, deducted? The reason I ask: I drive for Uber Select (hypothetically, I haven't received a single ping for Select service yet) & I drive an older car (2008 Acura TL). It has navigation, but it is proprietary Acura...
  15. Taxes
    I rent a car for uber. In nyc, thats over 400 a week. So I plan on deducting rental fees and gas instead of mileage. I only use the car for work, but how can i prove that? How can the IRS disprove it? I don't track mileage because i found i was just lumping all the days work into one "trip" "for...
  16. Technology
    In addition to Waze and Google Maps there are many 3rd party Apps designed to help Uber drivers, not riders. IMHO, there should be a place to: List and/or recommend them Rate and compare them Suggest new features to software developers Talk about work-arounds to bugs Decide if the paid (not...
  17. Houston
    Hello all, I'm a new driver to Uber, and I realize a lot of Uber drivers do not know some of the benefits/deductions that come with receiving a 1099 job. If you have any questions/concerns about taxes please ask. Not only am I a fellow Uber driver, but I am also a certified tax preparer, and I...
  18. Advice
    Before people start telling me about apps that track mileage, I'm already aware of them. I use an app by turbo tax called intuit and I enter all miles manually because the auto feature never works properly. Anyway, my question is do I need to list all of the the addresses of the fares? Since...
  19. Melbourne
    Hi all, I've got a 9-5 earning $59K and recently got a 4 y.o. car cause my old one was almost dead. I thought I could use a little help paying back the car loan so I signed up with Uber about a month ago not knowing much about tax and GST obligations regarding Uber income. After driving on a...
  20. Taxes
    I've seen quite a few of these tax guides, but this one was the most in-depth/helpful, and helped me realize a few deductible expenses I wasn't taking.
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