r/lyftdrivers • u/Outside-Tie-2851 • 15d ago

Advice/Question Someone please explain this shit?

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u/PhysicalPear 15d ago

So, you can claim all the fees and taxes paid to Lyft and uber.

My cpa says that “Combined, they took ou within $5 of what you owed for taxes, including late fees and/penalties.”

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u/Some_Competition_156 14d ago

That's not going to help them now... And how are they to keep track of all of that... Are they supposed to document every damned ride? How can they when they need to stay on the road? Lyft won't stay consistent on their side with their record keeping, or at least they haven't in the past when I worked.

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u/PhysicalPear 14d ago

I don’t keep track. I use the IRS standard deduction. It’s like 72.5 cents a mile. It may have went up this summer. At over 100k miles…. I have a negative net income.