Side Hustle & Gig Income
“I do Lyft as a side gig, what deductions can I take and what do I owe?”
Lyft side income often brings up a mix of business deductions, self-employment tax, and recordkeeping questions. The answer typically depends on how much you drove, whether the vehicle is used partly for personal trips, and what expenses you can document, such as mileage, fuel, maintenance, tolls, phone use, and rideshare fees. What you owe also varies with your overall income, withholding from other jobs, and whether estimated payments come into play. Good records from the app, bank statements, and vehicle logs usually shape how the return is prepared and which expenses are supportable. A CPA who reads your specifics can usually tell you, in plain English, where this lands.
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?”
“How much tax do I owe from my Lyft side hustle, and what can I deduct?”
“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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