Side Hustle & Gig Income
“What do I need to claim for my Lyft side hustle, and what can I deduct?”
Lyft side hustle income is often treated as self-employment income, so the reporting picture usually depends on the forms you receive, the total gross fares and incentives, and whether you had any platform fees or passenger-related reimbursements. Common deduction areas often include mileage or actual vehicle costs, tolls, parking, phone use, and other expenses tied to driving activity, along with recordkeeping that shows business versus personal use. The details can also change based on whether the vehicle is owned, financed, or leased, and how well the driving logs support the numbers reported on the return. 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.
“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?”
“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 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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