RIDEGURU
I am writing a paper on this analyzing the take home. The drivers obviously have to pay for:
- Cars and its Maintenance
- Fuel
- Insurance
- Cell phone bill (Uber doesn't pay this, do they?)
There has to be more, right? Anything else? As an independent contractor, can they consider food, clothes, shoes, back support, etc. as expenses?
Comments
Cell phone bill is a gray one you have to be careful for. You'd have to somehow separate personal use vs. Uber use. Talk to your tax/accountant
- Vehicle registration fee.
- Water, gum, newspaper for your passengers.
- Phone chargers
- Cleaning supplies such as 409, ittle broom, paper towels
- Fire extinguisher
-
Mileage using the IRS standard mileage rate. For most drivers, that's the most critical.
If you use the standard mileage rate, you cannot deduct other car expenses (including leasing and oil changes, etc.).
Dashcams
Depreciation of your vehicle!
Airefresheners
AAA Membership
Commercial license if you are UberBlack
Tolls and parking incurred while on the job. (those not paid by customers)
As an Uber driver, sine you are a self-employed independent contractor, you can consider as expenses everything you need to run your business.
- home office
- office supplies
- accounting or tax prep software
- legal fees
- file cabinets, phones, etc. etc.
- Umbrella
- music to be played in your vehicle for the enjoyment of your customer.
- snacks for passengers.