Side Hustle & Gig Income

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

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

Talk it through with a licensed KGOB CPA and leave with a clear next step. Browse more questions