Side Hustle Taxes
Uber · Lyft · Rideshare

Uber & Lyft tax calculator for 2026

Rideshare driving has the best mileage deduction of any gig — and the most drivers who never claim it properly. Get your real number below.

Track it between rides

The Gig Worker Quarterly Tax & Deduction Tracker spreadsheet logs mileage and expenses and tells you what to set aside every quarter. $14, lifetime use.

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Why rideshare drivers have the biggest mileage deduction

Uber and Lyft drivers typically log more business miles than any other gig — including the miles driven to pick up a passenger, not just miles with someone in the car. At 72.5¢/mile in 2026, a driver doing 20,000 miles a year has a $14,500 deduction before anything else, which is often larger than every other expense combined.

Deductions rideshare drivers often miss

You can't deduct both standard mileage and actual car expenses (gas, maintenance, depreciation) in the same year for the same vehicle — pick standard mileage unless you have an unusually expensive vehicle and have tracked actual costs carefully.

FAQ

Do Uber and Lyft report my earnings to the IRS?

Yes — you'll get a 1099-K and/or 1099-NEC depending on how much you earned and from which platform. Either way, all of it counts as self-employment income.

I drive for both Uber and Lyft. Do I file two separate businesses?

No, combine the income and mileage from both into one self-employment total — it's the same line of work.

Should I track mileage with an app or a notebook?

An automatic mileage tracking app is much safer for an IRS audit than reconstructing trips later. Whatever you use, keep records — the IRS can ask for them.

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