TurboTax + Uber: Tax Write-Offs for Rideshare Drivers [Webinar]
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- Опубликовано: 11 мар 2019
- turbotax.intuit.com/personal-... TurboTax + Uber partnered to bring you this helpful tax tip webinar about maximizing your tax write-offs as an Uber driver-partner.
TurboTax tax expert Alexis Hartford answers your questions about common rideshare driver tax write-offs, such as mileage, vehicle repairs, car registration fees and cell phone service; as well as less common tax deductible expenses for drivers like supplemental car insurance policies, rental car expenses, cell phone accessories, passenger refreshments, car registration fees, local taxes and more!
Find out what to do if you forgot to track your business miles, whether or not to use the standard or actual expenses tax deduction method, and how auto depreciation deductions may affect your taxes. Visit your driver dashboard for special offers on TurboTax Self-Employed products. Start today and save!
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This webinar created more questions than one had.
Most people will have a heckuva lot more miles than 6000! Mine is 50,000! So my mileage deduction is over 25k!
thank you for this information. Really helpful for first time rideshare filing taxes with Turbo
Good evening,
Thank you for this video. It’s was very informative.
Wow, they finally made a video on this
Big Gretch is that you!!!!!!!!!
I have a question. If I choose the standard mileage deduction can I potentially write off anyting else such as state tax and interest on my financed vehicle
Thank you for all this info. I do have one question can I write off my lunch meal, coffee, etc. as an operating expenses.
Can you do a segment for delivery gigs like amazon flex please? Questions i have: common deductions? Special insurance needed. What's the difference in doing this with owned car and financed car🖤 thank you👍solid content🎯
So if I choose the standard deductions method for one year I have to choose that method every single year following that as long as I’m using the same car? Does this apply to quarterly taxes as well? And will this ever change what if one year my tracking isn’t as good and I want to use standard deduction method am I screwed?
So can you do the mileage deduction and expenses as well?
If I file jointly with my wife and I started uber eats on March 15 2021. How should I file and when should I pay 2021 or 2022.
It would be nice if the video mentioned which country's taxes this video is addressing. I'll have to guess by your accent that this is for Americans. They have turbotax here in Canada too, but the taxation is not the same. Specificity is key, especially with taxes.
can I switch between Standard mileage and Actual expenses if I wanted to?
I love this
Do QuickBooks because the mileage that they give you for Uber to iRs sometimes won’t except
This video is helpful but I still have some issue, I bought a Car to start Lyft Driving, During inspection of Lyft the mechanic required me to change 4 tires and brakes, I did but my question is: in witch place to put these expenses?
This is a surefire way to estimate your miles at a high accuracy level. Find the paperwork to your oil changes or anything that was done on your car, including tires or anytime you took it to a shop. They recorded your current mileage on your paperwork. If you know what your miles were at the end of the previous year from your previous years tax return or what your mileage is now it is easy to do the subtraction and the division to come up with about how many miles you drive per month. Even if you got audited and showed the auditor how you arrived at your mileage figures, they wouldn't balk.
can i write off the interest i paid for the car if i FINANCED the car at the dealership? or any dealerships related writeoffs i can put here? thanks
I didn’t get a 1099-MISC OR a 1099-K but I have my tax summary, so how do I put in my income?
I wasn't clear if you are required to show individual mileage if you drive for more than one ride share company. Can you submit a total of miles for ride share? ...or would you, for example, have to show the division of miles between Uber and Lyft?
Im guessing yes you'll have to show the division
My car was totaled by the insurance and i get paid the value of the car, after i select i stop using my car what i need to do? should i try to get loss or gain on this?
How do you switch over to 1040 when doing Uber. I want my federal income taxes with held. Like they do when you get a regular job. What can I do?
I did already my 2018 Tax return using as usual TT Deluxe. I do have W-2 forms as wel, I started driving fo UBER last year in June. Just discovered this FREE self employed version. Would you recommend to redo my taxes on this SE version or I'm OK to file with TT Deluxe. Thank you.
Hi there- Did you report your Uber income on your 2018 return? If you did NOT report your Uber income on your 2018 return you will need to file an amended return to report that income. Access TurboTax through your dashboard, log in, and then select amend return. You will be instructed on how to add your Uber income.
Can i take itemized deduction this year and take standard deduction next year or vice-versa.
I hope you took STD, otherwise you’ll have to take itemized going forward.
Where do I add wage garnishments?
what if i deliver for doordash and stride keeps track of my mileage for deliveries also for amazon flex could you make a video for that
and I own my car
Does this work with Uber eats as well?
What if you actually didn't keep track of miles cus you barely worked due to having a regular job? Can turbo tax do an estimate based on how much you made?
How do I reduce withholding tax?
I do not have a generic problem. I cannot submit taxes until I find out how to delete a form that no longer applies.
I didn’t keep mileage track and Uber mileage in tax summary is very less not even half of what it should be as per my rough estimate. Than do I have to settle with less fuel expense deduction as my business use is very less going by Uber mileage.
HELP PLEASE! Uber Eats & DoorDash worker here. Filing on TurboTax. Where do I put my gross earnings & net payout? Where do I put my expenses, fees & tax to claim them? Both my 1099MISC don't have a box for this. They only have one number. Box 7 Nonemployee Comp. I already did my deductions such as cell phone, miles, gas, supplies, food/drinks & repairs. At no point did I see a spot for gross earnings, expenses, fees, tax & net payout. Also, where can I find my tax summary for DoorDash? I have the Uber Eats one already.
Where did you add Uber expanse fee , tax on #10 COMMISSIONS AND FEES OR #27 OTHER EXPENSES on turbo tax schedule c ( profit or loss from business )
Can I deduct meals as an Uber Driver?
How can I file taxes from 2018 on turbo tax if we are on 2020
My vehicle was totaled driving for Lyft no fault of my own. Can I claim the loss?my insurance and lyft did not compensate me because I only had liability
how can i write off digital products? i make music, i purchased virtual instruments computer parts etc. How do i write off all that?
What if I pay my whole car off and have a separate car for personal use?
Somone answer my question can I get deductions for using Uber??? All my Uber rides I paid for can I get deductions I use Uber to get everywhere because I have no car so I get to work using Uber
How can I deduct the rental price from Lyft Express?
It's miles or expenses.
@@Atclav so all my gas is out of pocket?
@@nike281astro8 No expenses refers to the car.
Wait so once you choose standard mileage or actual expense you will never be able to switch??
Hi there- in the first year if you choose actual you will have to go with actual expenses over the life of the car. If you chose standard you may switch to actual after.
Is health insurance deductible?
If I drive for uber and I do a delivery service like "favor". Do I need to do 2 different 1099's for each one.
Is there a 1-800 number that I could call to speak to somebody with TurboTax? I really need help.
Does all this apply to Uber eats as well?
This is why I want to stream 24/7 RUclips my parents house mortgage is a large expense I think
Yoooooooooo how tf do get that personalized Uber set up
What if my car was towed ? can it be added as deduction?
yes it should
I was finding it difficult to lift passengers' bags into my trunk, so I joined a gym. Is this deductible?
Unfortunately gym memberships are not deductible. The IRS considers them as personal expenses, regardless of the type of work you are in.
@@mollytaxes7717 Thanks!
@@totho8 How much money do you think you make that you need a $30 monthly membership to reduce your net earnings?!!
What if your phone is also used for personal?
If you bought a new phone in the year well you should include that
1:02 what is it?
I have a friend who deduct his car rental. Can he deduct how much money he pays for his Uber car rental?
For your TAX issues, we can get it done. Let us know the issues and we speed up the process
Very expensive, I file my w-2 form , uber and Lyft , tax return , paid $180 filing fee .
Did you get nice return on the miles. I gone 26,300 miles for business work miles and they says the pay .56 per miles.
Do i need to use self-employed if i have a w2 and only a little bit of income from uber? i got a tax summary but it's small...
Hey Erin. Yes, the self-employed product covers your personal taxes in addition to Uber driving. Even if you only earned a small amount from driving, you should still report the income and any expenses.
i already have a turbo tax account from last year 2023 for filing 2022 return. am i still eligible for the discount? & wirte offs of my 1099's.. thanks much = this message sent on 02/02/2024 @ 10:04 pm CDT
can I deduct from citations I had to pay?
What about if you lease a vehicle can you deduct the lease?
How i find out my federal.fike
Efile
turbo tax for uber is not free and it ask for upgrading even i am paying fro car
Can I still file free if I have A Rental Property too? So i have w2s, 1099 misc an Rental property!
Hi Dm- Yes you can use the self-employed version for all of your personal income including your Rental Property (which is reported on a Schedule E), your W2's and your Rideshare driving income.
i like you
I was going to ask a question but from the looks of it, you don't answer questions.
apparently she's not answering anyone's questions.
Where are the instructions on HOW TO deduct what Uber and Lyft charge us, expenses fees, summaries ECT ?
And where are these Fee's located? They are Not on the 1099 K forms they send out! And Turbo tax does not explain how to find them.
Check the annual summary that uber includes with the 1099-K.
Is car loan deductible using standard mileage rate?
Also is health insurance deductible using standard mileage rate?
Make gaming video
put your face in an inset and present on the main screen your content.
you are not the main event of the video!
that goes to all you youtube content creators out there! your content is the star NOT YOU!