Rideshare Taxes & What You Need to Know 

Are you a rideshare driver, or thinking about becoming one? It’s crucial to understand the ins and outs of how your income tax return will be impacted as a rideshare driver. In this informative video, Mark Steber (Jackson Hewitt’s Chief Tax Information Officer) breaks down everything you need to know about rideshare taxes this year.
Here's what we cover in this video:
- 00:54 How to define your employment status
- 2:06 What expenses you can deduct, and the top tax write-off expenses
- 3:14 How to keep good records
- 5:38 How to calculate the mileage deduction
- 7:22 How rideshare drivers earn income, what income needs to be reported, and how expenses help rideshare drivers when filing their tax return
- 8:12 When to pay the IRS
- And more
Don’t get overwhelmed with your taxes. Watch this video and you’ll gain the knowledge and strategies you need before you file your tax return this year.
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