Side Hustle & Gig Income
“How much tax do I owe from my Lyft side hustle, and what can I deduct?”
Lyft side hustle income is often treated as self-employment income, so the tax picture usually depends on your total earnings, your other income, and whether any tax was already withheld. The deductible side often turns on business use records, including miles driven, tolls, parking, phone use, and other expenses tied to the rideshare activity. Vehicle costs can be handled in different ways in many cases, and the better fit often depends on how the car is used and how complete the records are. State tax rules, estimated payments, and any platform statements can also affect the final result. A targeted review with a CPA can turn the uncertainty into a clear next step.
In your 30-minute session, the KGOB advisor handling it will:
- Read your exact situation and tell you, in plain English, what’s actually going on.
- Lay out your options and the trade-offs — no jargon, no judgment.
- Give you a clear next step you can act on, whether that’s with us or on your own.
“I have Lyft income from a side gig, what expenses can I deduct?”
“I do Lyft as a side gig, what deductions can I take and what do I owe?”
“What tax deductions apply to my Lyft driving side hustle, and what do I owe?”
“What do I need to claim for my Lyft side hustle, and what can I deduct?”
“What can I deduct from my Fiverr side hustle, and what do I owe in taxes?”
“What tax deductions apply to my Fiverr side hustle, and how much do I owe?”
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
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