Side Hustle & Gig Income

“I drive for Lyft on the side, what can I deduct and what do I owe?”

CommonQuick Question · 30 min · $95

Rideshare income often brings up both deductible business expenses and the way self-employment income is reported, so the answer usually depends on how the driving is tracked and what records are available. For Lyft driving, common factors include mileage versus actual vehicle costs, phone and data use, tolls and parking, and any platform fees or commissions. What is owed can also vary with total side income, other wages, and whether estimated tax payments were made during the year. Good trip logs, receipts, and a clear separation between personal and business use often shape the final result. A focused session can map this against your actual situation in plain English.

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.
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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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