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I drove for Lyft and Uber for about a month. I used the $.55/mi deduction to bring my effective tax rate down. 2-4 hours a weekend * 4 weekends for effectively
by yardie 4y ago
I drove for Lyft and Uber for about a month. I used the $.55/mi deduction to bring my effective tax rate down. 2-4 hours a weekend * 4 weekends for effectively beer and wings money!
It's the only way the business makes sense, but I know quite a few drivers doing it full-time and they enjoy it. Set your hours to work around family, school, etc.