Rideshare Tax Benefits - 10th Gen Civic Forum
Thread Tools
post #1 of 1 (permalink) Old 12-02-2019, 04:26 AM Thread Starter
Junior Member
Join Date: Dec 2019
Posts: 1
Rideshare Tax Benefits

Since the tax season is fast approaching for Uber drivers in the US, we know what tax time means. Tax time means you fall into one of two buckets: (1) Getting a refund check or (2) paying the U.S government money owed. The way you file your taxes, how you have managed your expenses and your income for the preceding year largely govern which bucket you fall into.

When you are an Uber driver, you are the boss (an independent contractor of Uber). Uber classifies its drivers as independent contractors [or self employed individuals]”. This is why you receive a 1099K and/or 1099 Misc and not a W2 when you work with Uber.

FICA Taxes “Are the Social Security and Medicare taxes sole proprietors pay. When you’re an independent contractor, you have to pay all your Social Security and Medicare taxes out of your own pocket … a flat 15.3 percent tax on your first $118,500 in net self-employment income.

Please continue reading to learn more about these listed details on our blog and tips on uber taxes series perspectives from industry expert. Uber Tax Benefits

1. Tax Deductions – Standard or Itemized?

2. What Are the Deductions?

3. Documentation You Should Keep to Support Your Itemized Deductions:

4. About Your 1099k & About Your 1099 Misc:

5. Preparing for Next Year’s Taxes:

Uber Tax Benefits Visit this link for more information – www,uberkit.net/blog/uber-taxes-series-all-about-your-uber-taxes/

Uber Tax Benefits visit this link for more information –
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
viklo3 is offline  

Quick Reply

Register Now

In order to be able to post messages on the 10th Gen Civic Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

For the best viewing experience please update your browser to Google Chrome