TurboTax + Uber: Tax Write-Offs for Rideshare Drivers [Webinar]

[@klimankhmeron7636]

This webinar created more questions than one had.

[@beckyweaver5981]

Most people will have a heckuva lot more miles than 6000! Mine is 50,000! So my mileage deduction is over 25k!

[@jeffmuggiez]

thank you for this information. Really helpful for first time rideshare filing taxes with Turbo

[@ottomanbeatsofficial]

how can i write off digital products? i make music, i purchased virtual instruments computer parts etc. How do i write off all that?

[@thaXBestXAtXIt]

I have a question. If I choose the standard mileage deduction can I potentially write off anyting else such as state tax and interest on my financed vehicle

[@AndreC1992]

So can you do the mileage deduction and expenses as well?

[@brokencoffeestories8291]

Can you do a segment for delivery gigs like amazon flex please? Questions i have: common deductions? Special insurance needed. What's the difference in doing this with owned car and financed car🖤 thank you👍solid content🎯

[@mbanguijp2655]

This video is helpful but I still have some issue, I bought a Car to start Lyft Driving, During inspection of Lyft the mechanic required me to change 4 tires and brakes, I did but my question is: in witch place to put these expenses?

[@JazzyPina]

Good evening, Thank you for this video. It’s was very informative.

[@OscarGarcia-sy9bu]

Thank you for all this info. I do have one question can I write off my lunch meal, coffee, etc. as an operating expenses.

[@willc3384]

I wasn't clear if you are required to show individual mileage if you drive for more than one ride share company. Can you submit a total of miles for ride share? ...or would you, for example, have to show the division of miles between Uber and Lyft?

[@brokencoffeestories8291]

Im guessing yes you'll have to show the division

[@JazzyPina]

can I switch between Standard mileage and Actual expenses if I wanted to?

[@living4adrenaline]

Wow, they finally made a video on this

[@danacanchola3379]

what if i deliver for doordash and stride keeps track of my mileage for deliveries also for amazon flex could you make a video for that and I own my car

[@TellEmAlejandro]

HELP PLEASE! Uber Eats & DoorDash worker here. Filing on TurboTax. Where do I put my gross earnings & net payout? Where do I put my expenses, fees & tax to claim them? Both my 1099MISC don't have a box for this. They only have one number. Box 7 Nonemployee Comp. I already did my deductions such as cell phone, miles, gas, supplies, food/drinks & repairs. At no point did I see a spot for gross earnings, expenses, fees, tax & net payout. Also, where can I find my tax summary for DoorDash? I have the Uber Eats one already.

[@Ken-kb6yb]

Where did you add Uber expanse fee , tax on #10 COMMISSIONS AND FEES OR #27 OTHER EXPENSES on turbo tax schedule c ( profit or loss from business )

[@Coolmanthebryan]

can i write off the interest i paid for the car if i FINANCED the car at the dealership? or any dealerships related writeoffs i can put here? thanks

[@SolutionsWithin]

It would be nice if the video mentioned which country's taxes this video is addressing. I'll have to guess by your accent that this is for Americans. They have turbotax here in Canada too, but the taxation is not the same. Specificity is key, especially with taxes.

[@toddwillis2622]

My vehicle was totaled driving for Lyft no fault of my own. Can I claim the loss?my insurance and lyft did not compensate me because I only had liability

[@adamgoof]

Do QuickBooks because the mileage that they give you for Uber to iRs sometimes won’t except

[@sushilbudhamagar7926]

Can i take itemized deduction this year and take standard deduction next year or vice-versa.

[@thatlatinguy9039]

I hope you took STD, otherwise you’ll have to take itemized going forward.

[@GrimTactics6226]

So if I choose the standard deductions method for one year I have to choose that method every single year following that as long as I’m using the same car? Does this apply to quarterly taxes as well? And will this ever change what if one year my tracking isn’t as good and I want to use standard deduction method am I screwed?

[@lunasnow31]

Is health insurance deductible?

[@kennymetayer6912]

How do you switch over to 1040 when doing Uber. I want my federal income taxes with held. Like they do when you get a regular job. What can I do?

[@TheHALOREACH55]

If I file jointly with my wife and I started uber eats on March 15 2021. How should I file and when should I pay 2021 or 2022.

[@zinegnawyeshambel1092]

How do I reduce withholding tax?

[@SG-xw6pm]

Can I deduct meals as an Uber Driver?

[@anonanon8974]

What if your phone is also used for personal?

[@frankiecarrrierivg03]

If you bought a new phone in the year well you should include that

[@munikum11]

I did already my 2018 Tax return using as usual TT Deluxe. I do have W-2 forms as wel, I started driving fo UBER last year in June. Just discovered this FREE self employed version. Would you recommend to redo my taxes on this SE version or I'm OK to file with TT Deluxe. Thank you.

[@taxyalexis3136]

Hi there- Did you report your Uber income on your 2018 return? If you did NOT report your Uber income on your 2018 return you will need to file an amended return to report that income. Access TurboTax through your dashboard, log in, and then select amend return. You will be instructed on how to add your Uber income.

[@lovelyek8187]

What if you actually didn't keep track of miles cus you barely worked due to having a regular job? Can turbo tax do an estimate based on how much you made?

[@juancarlosmontes]

This is a surefire way to estimate your miles at a high accuracy level. Find the paperwork to your oil changes or anything that was done on your car, including tires or anytime you took it to a shop. They recorded your current mileage on your paperwork. If you know what your miles were at the end of the previous year from your previous years tax return or what your mileage is now it is easy to do the subtraction and the division to come up with about how many miles you drive per month. Even if you got audited and showed the auditor how you arrived at your mileage figures, they wouldn't balk.

[@prosperandgamble]

How can I deduct the rental price from Lyft Express?

[@Atclav]

It's miles or expenses.

[@nike281astro8]

@@Atclav so all my gas is out of pocket?

[@Atclav]

@@nike281astro8 No expenses refers to the car.

[@totho8]

I was finding it difficult to lift passengers' bags into my trunk, so I joined a gym. Is this deductible?

[@mollytaxes7717]

Unfortunately gym memberships are not deductible. The IRS considers them as personal expenses, regardless of the type of work you are in.

[@totho8]

@@mollytaxes7717 Thanks!

[@cpan2552]

@@totho8 How much money do you think you make that you need a $30 monthly membership to reduce your net earnings?!!

[@MiniMini-rs1rz]

What if my car was towed ? can it be added as deduction?

[@kidshaw]

yes it should

[@SpongebobFanBase]

I didn’t keep mileage track and Uber mileage in tax summary is very less not even half of what it should be as per my rough estimate. Than do I have to settle with less fuel expense deduction as my business use is very less going by Uber mileage.

[@daniellesmith8348]

I didn’t get a 1099-MISC OR a 1099-K but I have my tax summary, so how do I put in my income?

[@AL_ProphitClips]

Big Gretch is that you!!!!!!!!!

[@cynthiamartinez6583]

This is why I want to stream 24/7 KZbin my parents house mortgage is a large expense I think

[@jeremyfratefrate6450]

Somone answer my question can I get deductions for using Uber??? All my Uber rides I paid for can I get deductions I use Uber to get everywhere because I have no car so I get to work using Uber

[@gopaladhikari6724]

Where do I add wage garnishments?

[@raymundocastillo5596]

My car was totaled by the insurance and i get paid the value of the car, after i select i stop using my car what i need to do? should i try to get loss or gain on this?

[@gabriels3909]

What if I pay my whole car off and have a separate car for personal use?

[@chrizohiks9954]

Does all this apply to Uber eats as well?

[@hotrodlincoln7186]

If I drive for uber and I do a delivery service like "favor". Do I need to do 2 different 1099's for each one.

[@mrmeseeks5731]

Yoooooooooo how tf do get that personalized Uber set up

[@Savedbygrace27-g2q]

Is there a 1-800 number that I could call to speak to somebody with TurboTax? I really need help.

[@bettybrown-chappell4938]

I do not have a generic problem. I cannot submit taxes until I find out how to delete a form that no longer applies.

[@michefer2]

How can I file taxes from 2018 on turbo tax if we are on 2020

[@safwantv41985]

I love this

[@ASMRMissNature]

I have a friend who deduct his car rental. Can he deduct how much money he pays for his Uber car rental?

[@voiceofnature4714]

Very expensive, I file my w-2 form , uber and Lyft , tax return , paid $180 filing fee .

[@Eric-fx1zb]

Did you get nice return on the miles. I gone 26,300 miles for business work miles and they says the pay .56 per miles.

[@InternalRevenue-fp9dg]

For your TAX issues, we can get it done. Let us know the issues and we speed up the process

[@nickfoster2849]

1:02 what is it?

[@Wii602006]

What about if you lease a vehicle can you deduct the lease?

[@daddysbecerra8554]

How i find out my federal.fike

[@daddysbecerra8554]

Efile

[@AssortedVideosforALL]

i already have a turbo tax account from last year 2023 for filing 2022 return. am i still eligible for the discount? & wirte offs of my 1099's.. thanks much = this message sent on 02/02/2024 @ 10:04 pm CDT

[@erinsmith879]

Do i need to use self-employed if i have a w2 and only a little bit of income from uber? i got a tax summary but it's small...

[@mollytaxes7717]

Hey Erin. Yes, the self-employed product covers your personal taxes in addition to Uber driving. Even if you only earned a small amount from driving, you should still report the income and any expenses.

[@charlesovatar]

can I deduct from citations I had to pay?

[@dawnhalligan]

Can I still file free if I have A Rental Property too? So i have w2s, 1099 misc an Rental property!

[@taxyalexis3136]

Hi Dm- Yes you can use the self-employed version for all of your personal income including your Rental Property (which is reported on a Schedule E), your W2's and your Rideshare driving income.

[@Mrshahbeer]

turbo tax for uber is not free and it ask for upgrading even i am paying fro car

[@brendatrump5163]

I was going to ask a question but from the looks of it, you don't answer questions.

[@brendatrump5163]

apparently she's not answering anyone's questions.

[@EclecticDiscus]

Where are the instructions on HOW TO deduct what Uber and Lyft charge us, expenses fees, summaries ECT ? And where are these Fee's located? They are Not on the 1099 K forms they send out! And Turbo tax does not explain how to find them.

[@joank.2734]

Check the annual summary that uber includes with the 1099-K.

[@randypong7092]

Is car loan deductible using standard mileage rate?

[@randypong7092]

Also is health insurance deductible using standard mileage rate?

[@zouheirk1829]

i like you

[@czg2012]

put your face in an inset and present on the main screen your content. you are not the main event of the video! that goes to all you youtube content creators out there! your content is the star NOT YOU!

[@AkaniApex]

Make gaming video

[@ikaikaboyle4203]

Wait so once you choose standard mileage or actual expense you will never be able to switch??

[@taxyalexis3136]

Hi there- in the first year if you choose actual you will have to go with actual expenses over the life of the car. If you chose standard you may switch to actual after.

[@FilmThePoliceFTP]

Does this work with Uber eats as well?