Harry here. Uber and Lyft typically send out 1099s in early February, so hopefully you’ve been tracking all of your mileage! But if not, we’ve teamed up with Stride Drive for a guest post to help you figure out how you can still claim all those lost miles.
Check out their new Uber Tax Calculator, which can help you cut your taxes in half.
Put More Money In Your PocketQuickBooks Self-Employed users find an average of $4,340 in potential tax savings per year.
First of all, don’t panic! Many drivers have faced the same situation of not completely tracking their business miles or simply not knowing what to track. Sometimes new drivers don’t get the heads-up that their mileage is deductible. Often, drivers don’t keep a mileage log for all of the miles they’re allowed to deduct for the year. [Read more…]