If you're filing your own taxes for the first time, I made this video for that situation (very helpful): kzbin.info/www/bejne/bWLZqImOa5x-hK8
@temynator2 жыл бұрын
Thank you!
@JC1993COOL2 жыл бұрын
Thanks for all that you do!
@gifford19842 жыл бұрын
Very helpful and I made in 2022 for 110$K and I wonder all the questions this help me alot. Thank you so much
@texasmagicmusclecleaningse86092 жыл бұрын
Can you Do A Lyft?
@khalilahnichelson64294 жыл бұрын
This man is highly knowledgeable and breaks everything down for anyone to understand. BTW, he’s super cute as well!
@clearvaluetax93824 жыл бұрын
Thank you Khalilah!
@deltapromasterlauj48484 жыл бұрын
ClearValue Tax I would gladly donate my mother-n-law to be your house servant for some one on one pro tax advice Please let me know thx!!!!!
@katey6242 ай бұрын
😂😂true lol
@JC1993COOL2 жыл бұрын
Thanks! For the clear support and information. :)
@clearvaluetax93822 жыл бұрын
I appreciate that, thank you for all the support and generosity Jean-Claude! I appreciate it so much!
@ZgmfxO9A3 жыл бұрын
Started driving full time last year, and watching this it really helps! I don't need a loan, I just need my taxes done in general and seems like its going to be hard procees
@carolebercaw70694 жыл бұрын
Received my stimulus tonight at 7pm. I've had a few questions so I'll just give my info, if that helps at all? Single, in Ohio making minimum wage at a part time job I'm 55. I haven't filed taxes in 10 years. I've been taking care of an adult daughter with cystic fibrosis if you want to know why I haven't filed. I filed taxes barely a week ago and got them back in 6 days!!!! I received my stimulus money (1200) today at 7pm. I hope that helps answer the questions I have received since my comment!!! I have to say pleasantly surprised and appreciative of our government!!! It was much needed and appreciate the help!!!! Thanks for letting me use your channel to hopefully help others!!!! I also greatly appreciate all the helpful uploads!!!!
@Abrnhrt Жыл бұрын
I either missed this point or you forgot to mention the most important deduction for a used car - maintenance/repairs, tires, oil changes, floor mats, phone holders, auto vacuum cleaners etc. ))) And yeah, great video, thanks!!! )
@darrenfreyauthor4 жыл бұрын
For everything this man has endured, everyone who receives a stimulus check should donate $1 to him. He deserves it.
@momabossy64154 жыл бұрын
Great idea...but I dont see any type of payment app link
@strugglebytheday12574 жыл бұрын
I agree
@itsIanOnYouTube4 жыл бұрын
Great idea. This guy is my sole update on the checks
@clearvaluetax93824 жыл бұрын
LOL Darren, thanks for that kind gesture! Thank you for your support!
@uzernam34 жыл бұрын
I'd be down for that. This guy gives out great information.
@post11tracy12 жыл бұрын
This man is the best! He gets to the point and provides detailed instructions. I am late filing for 2021 but I was completely confused why Uber's 1099 only put my additional income and not what I made entirely. In addition, he answered the office question as well as I also booked Truckloads on the side as a Freight Agent.
@wisconsineaglesfan79254 жыл бұрын
Not an Uber driver, don't know any, watched because this man has been helping us all and page views help him back. Don't forget to give him a thumbs up too!
@mariemontanez54754 жыл бұрын
As a Uber & Lyft driver doing my taxes for the first time ( 😥 ) found this video very informative. Thank you.
@renecarrasco81844 жыл бұрын
Hey Marie what state do you drive?
@mariemontanez54754 жыл бұрын
@@renecarrasco8184 NYS
@universoul_bandz443 жыл бұрын
@@renecarrasco8184 lol
@jolus66783 жыл бұрын
@@renecarrasco8184 , you are so pretty
@Aomsw11 ай бұрын
How did u do your taxes ?
@rodharris76914 жыл бұрын
I love this dude i wake up in run to his page EVERY morning seeing if i miss a post 😂😂😂 I'm from the hood in still can relate to dude
@DangerWifeDodd4 жыл бұрын
I did my taxes last week but watched this to make sure i didn’t miss anything and I didn’t! Woohoo! Thank you!
@lemoneggs58973 жыл бұрын
Did u get a 1099 from them?
@DangerWifeDodd3 жыл бұрын
@@lemoneggs5897 of course
@lemoneggs58973 жыл бұрын
@@DangerWifeDodd Thanks! I didnt get a 1099 from them last year. And even this year.
@DangerWifeDodd3 жыл бұрын
@@lemoneggs5897 it’s not a formal 1099, it’s in the driver app
@fabiomorales202925 күн бұрын
One question did anyone working with Uber or Lyft do you ever get a refund from the IRS
@Kaza-RS21 күн бұрын
YOU ARE GREAT!!!... 4 years late on discovering you.....QUESTION: HOW do I deduct if I use a RENTAL vehicle for uber?
@badass1g Жыл бұрын
Hands down best video I’ve seen on this subject.
@prosperandgamble4 жыл бұрын
I even deducted the small drips of gasoline that spill out the nozzle when your done pumping lol 🤓
@1CEWMO3 жыл бұрын
😂😂
@antonioskontonasakis4 жыл бұрын
Hopefully you'll see the question, but I know the stimulus checks are going to be coming within maybe 5 days from now for direct deposit. But I was under the impression we get 2 1200 dollar checks. If so, what I do with the first check is dependent on when that second one comes. Any word on the second check, or am I just hearing things? Edit- I'm seeing everyone should give this guy $1 from their check for all the information given. I second that!! So much GREATLY appreciated info in such a timely manner deserves some credit from the people he helped 🙂
@antonioskontonasakis4 жыл бұрын
@Lisa Surlie but I was under the impression that whatever amount you get you'll get 2 of those checks? So a married couple 2 2400 and an individual 2 1200?
@dawicked2k84 жыл бұрын
@@antonioskontonasakis back in March Trump did say they might do a second round of checks in May but they haven't said anything else about it, I guess it depends how the first round goes
@xSkysplitter777 Жыл бұрын
For the supplies, do I have to save the receipts??
@dylant80564 жыл бұрын
Why am I watching this? I can’t even drive yet.
@henry3k904 жыл бұрын
samee
@clearvaluetax93824 жыл бұрын
You have a Ferrari symbol though!
@dylant80564 жыл бұрын
ClearValue Tax can’t let the dream die 😂
@dylant80564 жыл бұрын
Jay McBride no this definitely a ferrari logo...
@politicalmadness3856 Жыл бұрын
Another informational video that would be helpful is, one explaining how turning your Uber business or DoorDash business, into an LLC, and how it may or may not be beneficial.
@SEKHMET-7777 Жыл бұрын
Awesome idea!
@brinceinvestor6753 Жыл бұрын
This is the best video, it saved me 1000s of dollars. Thank you very much
@thetraveler9 Жыл бұрын
I've seen plenty of people talk about how to file delivery gig taxes but I've never seen someone actually show a step by step example. That would be a lot more helpful than all the talking. Create a hypothetical driver and show how to input their earnings and deductions..etc.
@realspilltv44942 жыл бұрын
Yo B thanks for everything
@oscarablasicaperez59004 жыл бұрын
This guy is awsome
@clearvaluetax93824 жыл бұрын
Oscar, you are awesome! Have a nice weekend!
@tpappyofficial Жыл бұрын
Thank you, I do appreciate it
@jamesmullen2922 Жыл бұрын
Good lord this man is a hero.
@mytry4realz294 жыл бұрын
I'm still trying to figure out how to file my taxes for Door Dash. Can there be a video for that?? I'm stressing out big time!
@missy65393 жыл бұрын
Get all your receipts together, add them up in each category like car maintenance, gas and go to freetaxusa. They will walk you though it. Just make sure you read every line.
@nyc_sherii9 ай бұрын
this guy mad underrated
@shanonsavon88152 жыл бұрын
I have a question if you do Uber Eats don’t drive and use a bicycle 🚴 can you still file taxes
@alohaguy_8572 жыл бұрын
Yes of course you earned money so you have to files taxes
@benjamingarcia54338 ай бұрын
In my opinion and experience, it is very difficult to beat the mileage deduction. Thus, there is no point in unnecessarily exhausting yourself, overthinking and overtly try to strategize how to beat the IRS and lower your taxes.
@nowayjose99184 жыл бұрын
You continue to amaze me😍
@clearvaluetax93824 жыл бұрын
noway jose!!! Hope you are doing well and have a nice weekend!
@nowayjose99184 жыл бұрын
@@clearvaluetax9382 I'm awesome and working on this PPP right now! Let's get this money🤑
@sujitgc43304 жыл бұрын
Thank you very much for making this video ..
@girlsrule7224 жыл бұрын
Thank you this was helpful for a friend
@clearvaluetax93824 жыл бұрын
Thank you Pamela for sharing, I appreciate it!
@momabossy64154 жыл бұрын
Hey Brian!!!! My Stimulus funds hit this evening...👏🏾👏🏾👏🏾LOL.. Hope the rest of you great ppl hit today also
@billymays43924 жыл бұрын
I’ve really wanted to start driving for Uber full time but this whole tax thing makes me slightly uneasy. Though from my understanding most of it is just saving every receipt and recording every detail meticulously so when tax season comes you can lower taxes as far down as possible through deductions and maximize how much you keep. Unless I got this all wrong that’s what I’m starting to learn.
@frankiecarrrierivg034 жыл бұрын
I’m concerned because I made over 200 trips I started Uber in January. I missed the quarterly estimated tax payments last month and I’m not sure do I pay sooner than later or wait until I file my taxes next tax season.
@SikkRaz3r Жыл бұрын
@Frankhusgig how did you go about it? I didn't save for quarterly taxes, I made 35k net and 60k gross. For the year 2022 , I did 40k miles in the year driving for uber , with my taxes I owed 1,511$ on taxes on it with 25k deductible from uber Deb summary
@idleoutcaster13 күн бұрын
@@frankiecarrrierivg03it’s not a large penalty, less than $200
@DannyBoy777722 жыл бұрын
You saved me brother man. Thank you so much I liked and I also subbed a long time ago.
@hideandseek35944 жыл бұрын
🙏🙏🙏 blessed. Time to share it with a random Uber driver
@clearvaluetax93824 жыл бұрын
LOL Young ko
@lizbethalejandro75944 жыл бұрын
Hi! I saw you video was very helpful, My husband has trouble to find the section to deduct the miles and only shows couple categories and those not apply to him. Is another place is in efile the section we need to go and add the deduct miles. Thanks for your time and help on this time is very difficult 😞.
@DragonzofdeathXАй бұрын
so you said doing it by miles is there a way i can do it by gas, repairs, and payment since i already had my car but i been paying for it monthly.
@moreno_1632 жыл бұрын
Do I have to put my 1099-NEC information as well on turbo tax or just the 1099-K ?
@dr.samuelburbanks4905 Жыл бұрын
I think I love you. Thanks so much for this information.
@michaelamos754 жыл бұрын
As I recall Uber only counts miles from the pickup to the drop off. This does not count the miles used to get from your house to your first pickup, it also does not include from a drop off to the location of the next pick up. Also will the IRS ding you for you claiming taxes on gas if you go with the $0.58 per mile if you are driving a EV that doesn't take gas but instead you charge at home?
@auntyuber51274 жыл бұрын
Most drivers use Stride. You turn it on same time you turn uber app on. It's free and a gamechanger
@1MsRed1 Жыл бұрын
Thank you for the information... ❤️
@IToldYou2Sit4 жыл бұрын
Can you do a lyft one next
@Truthtoat9 ай бұрын
This was HUGE Help
@hernanecomh3 жыл бұрын
I wish I had talked to you before I had filled my taxes.. But I will keep you in mind for next year
@rnldame28254 жыл бұрын
I got my stimulus check today !!!!!!
@Noname-ly2lp4 жыл бұрын
What about receipts at the gas station as well ?
@mikkey2462 жыл бұрын
Did you find out
@aliusmani24382 жыл бұрын
Do I file Uber in my taxes even though they did not issue a 1099 k or misc because earning were below irs income threshold?
@nakimataylor96372 жыл бұрын
No. If it's under $600, no
@onsenguy Жыл бұрын
Superb video. Can we also count car payments, at least partially, as a tax deduction if that vehicle was used for rides?
@Jamescito_4 жыл бұрын
straight foward well said !
@entertainmentfirsttv15452 жыл бұрын
How do you list a rental car and a purchse of another car to use for uber that you own?
@joanolivero31124 жыл бұрын
Thank you for sharing your knowledge on this and many other topics.
@Liadadtv3 жыл бұрын
When you say cell phone, you obviously mean monthly bill but would include paying for actual phone or just the service
@mikael557 Жыл бұрын
Thank's for the thorough advice my disapointed asian tax expert uncle
@XfactorD244 жыл бұрын
Yu the best can yu do a quick video how to file up the forgivable loan for uber/lyft driver..thank yu
@divinelashay33311 ай бұрын
Do we have to file the mileage if we don’t want to
@sassy_nclassy90762 жыл бұрын
Thank you so much !!! I am so appreciative of all your content!!! God bless ❤️🙏
@tiffanygriffin86472 жыл бұрын
Thanks for this video ❤
@kdefensemartialarts80973 жыл бұрын
Thank you for your videos.
@jiaqitong79634 жыл бұрын
You are the best!
@douglaspierce39974 жыл бұрын
i work the 2AM time when every onr is looking for rides and after i pick up a rider to take them home i will be hit with ping after ping for new rides. so i turn off that im excepting and that turns off the online miles and i dont turn it on again till i get back downtown. Ubers online miles are completely worg if u do this as well.
@tellmestraight2 жыл бұрын
Love your channel. Thank you for all the hard work and detail. My question is about the (Uber Eats) Uber Tax Summary. There is a "Gross Payment", then "Expenses, fees and Taxes", Table 2 - "Additional Payments from Uber or Subsidiaries" and "Your Net Payout". I am not sure how to apply these factors to the tax return.
@michaelphoenix-myst27782 жыл бұрын
Also, I realize this was for the previous year, so perhaps it was different then compared to now - not to mention, mine was for Uber EATS and i think this was more in alignment with the Uber Taxy type side of things..., I did not receive a 1099K or MISC, so I only have that document UberEatsTaxInfo document to go by... SMH...
@MrDiplomatSwag4 жыл бұрын
Is there a way to write off car insurance?
@ashleyryan12 жыл бұрын
Thank you for this video. :)
@dailysuccessnews38993 жыл бұрын
Golden advice Thanks for always sharing and educating
@ochicoloto35242 жыл бұрын
Nice channel. Can a turo host use standard mileage deduction?
@jonatangomez39853 жыл бұрын
Holy shit, amazing video. Thank you‼
@mohammadalhasan9694 жыл бұрын
When is the irs going to lunch the direct deposit website
@InfiniteBeautyOfficial4 жыл бұрын
When they get hungry I'd assume, unless you meant launch?
@InfiniteBeautyOfficial4 жыл бұрын
@Bikechanic lol
@clearvaluetax93824 жыл бұрын
GBT is correct, they've updated it on the IRS website.
@gillygilly70184 жыл бұрын
Infinite Beauty , almost said something funny about that. 🤣
@leetraviusmckay3144 жыл бұрын
@@InfiniteBeautyOfficial 😂
@Nyufly Жыл бұрын
Thank you so much 🎉🎉🎉
@michellio212 жыл бұрын
does this apply to uber eats too ?
@scottflo71534 жыл бұрын
Beast video. Thanks friend
@tonyeverydaylife32983 жыл бұрын
Can you deduct the maintenance of the vehicle?
@mysticranger68942 жыл бұрын
Thank you so much! this has helped me a lot!
@francm1723 Жыл бұрын
Do I need one or 2 schedule C form if I do both Uber and Lyft?
@Eddie_O3 жыл бұрын
Could you please make a video for Door Dash drivers on our 1099. I could use all the correct information I could get to file properly. Thank you in advance.
@ajmeershahida28824 жыл бұрын
Honestly I did 2018, 2019 tax filled, but my accountant have no knowledge about Uber year summary sheet. Both two years I paid more personal tax from my pocket.
@MattRuizPhotoCinema4 жыл бұрын
You are seriously amazing thank you so much for all your hard work informing us!
@clearvaluetax93824 жыл бұрын
Thank you Matt! I appreciate it!
@Nerd-u2u2 жыл бұрын
Do I need an LLC to tax deduct my Model X that weighs more than 6,000 pounds under section 179 for Uber or Lyft?
@BlueMounder Жыл бұрын
U the Man Bro Thanks
@shameelmohammed6995 Жыл бұрын
Hi, Iam driving Uber Part time & also use my car Personal use aswell. Any advices on Tax Claim? Thanks SAM 😊
@RamonPerez-pc5nz4 жыл бұрын
What if you buy a car just to do Uber? Can that be deducted
@Whoistheselfeyesee844 жыл бұрын
Thank you!! Much appreciated
@SpreadTheSolace Жыл бұрын
FreeTaxUSA and TurboTax both told me that I couldn’t claim my mileage because it wasn’t federal work or work for disabled persons. Why can’t I just claim mileage?
@auntyuber51274 жыл бұрын
I was told that I needed to show a gain on schedule c to apply for ppp.
@pandaa26304 жыл бұрын
Aunty Uber - I was told the same thing. Apparently your business needs to be successful in order to get loan money. 🤷🏻♀️
@robertbarry179210 ай бұрын
Can you deduct the Social Security and Medicare taxes from the Uber income?
@selenacampbell21704 жыл бұрын
Thanks for the Updates..
@clearvaluetax93824 жыл бұрын
Thank you Selena for your support, I appreciate it!
@GamingAF4 жыл бұрын
This was extremely helpful, thank you
@Sirhc20233 жыл бұрын
How do I do depreciation when I did uber part time, the car I had in Jan, Feb in 2021 I no long have that vehicle has of September 2021, that's when I got a newer vehicle in September and started uber with that newer vehicle in December 2021.
@heavenlydevine22264 жыл бұрын
Just to let u know my sister got her tax stimulus deposit yesterday 4/10/2020. Thanks, just a reminder that it wasn't false information.
@silviaverastegui4181Michelle2 жыл бұрын
Thank you for sharing your knowledge with us, your video has been very helpful.
@jameshoelzeman64494 жыл бұрын
Great video on UBER tax preparation.
@dawitaschalew39864 жыл бұрын
Thank you. Can you please post the paycheck protection program forum link for Uber driver?
@jjsjacinta40462 жыл бұрын
can I deduction my business car insurance & car premium ?
@heerasingh3473 жыл бұрын
Car miles and car depersonalization are something?
@michaelwender13864 жыл бұрын
Whar if your a uber eats driver? Can you get the same deductions?
@ochicoloto35242 жыл бұрын
If you rent a car and do uber, who uses the standard mileage deductions?
@alohaguy_8572 жыл бұрын
Good question for drivers who rent from Uber Hertz or Hyre.
@lyftuberninjaworkaholic75244 жыл бұрын
...but if you are claiming mileage driven, why are we entering deductions again? Are these deductions from UBER different from gas etc deductions?
@jburdier884 жыл бұрын
hey sir. i am an uber/lyft driver and i am trying to do my taxes. the question they ask is "enter the section 179 deduction you took at the time. You will find the amount located on the first page of depreciation and amortization in your tax return for the year you started using the vehicle for business"
@weso60764 жыл бұрын
what if i drove for several companies like uber , lyft etc, am i still applicable? and also one my apps doesn't give me the summary like uber or lyft does how do i go about this? i really appreciate the knowledge so helpful , subbed and like!
@jimmytongopr Жыл бұрын
quick question, so the total expenses, fees, tax and reimbursements should I put it as a tax write off or as federal taxes. and if not, should I put $0 then