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.

All information on this site is provided for educational purposes only and does not constitute legal or tax advice. The Center on Budget & Policy Priorities and the CASH Campaign of Maryland are not liable for how you use this information. Please seek a tax professional for personal tax advice.

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.

Tax Deductions for Rideshare DriversHow to Claim the Standard Mileage Deduction

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

How to Pay Estimated Tax PaymentsHow Do Uber and Lyft Drivers Count Income?

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.