List of Tax Deductions for Rideshare Drivers:
- Vehicle Expenses
- Phone and Data Plan Expenses
- Tolls and Parking Fees
- Car Maintenance and Repairs
- Car Cleaning and Detailing
- License and Registration Fees
- Rideshare Service Fees
- Health and Wellness Expenses
- Supplies and Equipment
- Food and Entertainment Expenses
As a rideshare driver, you’re likely always looking for ways to boost your earnings. Did you know that you may be eligible for a range of tax deductions that can significantly impact your bottom line? By understanding and taking advantage of these deductions, you can maximize your profits and keep more of your hard-earned money. In this comprehensive guide, we will cover everything you need to know about tax deductions for rideshare drivers, from common expenses to tracking and claiming them on your tax return.