Enter Your Uber Expenses in TurboTax (To do this, sign in to TurboTax and select Pick up where you left off.) Using the search tool in the upper right, search for self-employed expenses (use this exact term) and select the Jump to link in the search results.

Is TurboTax free for Uber and Lyft drivers?

TurboTax is offering the Self-Employed edition of its software free to qualifying Uber drivers this year! To see if you qualify, just log in to your account at and click on the TurboTax link.

How do I fill out a Schedule C for Uber?

Here’s an overview of how to complete Schedule C.

  1. Step 1: Calculate your gross income from rideshare driving.
  2. Step 2: Deduct your rideshare expenses.
  3. Step 3: Calculate your net profit or loss from your rideshare business.
  4. Step 4: Calculate your self-employment tax.

How do I enter Uber income in TurboTax?

Sign in to your TurboTax account or create an account if you don’t have one. Start your return and provide the information requested. Once you reach the Self-Employment section in Wages & Income, if importing from your Uber account is available, you’ll be offered the option here.

Can I combine Uber and Lyft on my taxes?

Driving For Lyft And Uber If that’s the case, you still only have to file one Schedule C, but you will need to combine the income from Lyft and Uber on your Schedule C and combine the commission and fees from Lyft and Uber too. Just make sure you account for the correct expenses as detailed above.

What can I write off as a Lyft driver?

You can deduct common driving expenses, including fees and tolls that Uber and Lyft take out of your pay. Your biggest tax deductions will be costs related to your car. You may also want to deduct other expenses like snacks for passengers, USB chargers/cables, or separate cell phones for driving.

Do you have to pay taxes as a rideshare driver?

Smart rideshare drivers treat driving for Uber and Lyft like a business, because it is! This means building a strategy and choosing the right business assets, as well as managing your own tax obligations. Unlike salaried workers, taxes aren’t automatically deducted from the paychecks of those who are self-employed, including rideshare drivers.

Is there a TurboTax discount for Uber drivers?

For 2020 taxes, Uber is continuing its partnership with TurboTax. TurboTax will be offering free and discounted services to drivers and delivery partners. You can find out more here. Offers must be accessed through the Tax Information tab on partners.uber.com.

How many years of experience does TurboTax live have?

TurboTax Live experts are highly knowledgeable, with an average 12 years experience in professional tax preparation. Their tax advice, final reviews, and filed returns are guaranteed 100% accurate. Learn more about How TurboTax Live Works.

Can you take a tax deduction for a car share?

Since you’re an independent business owner, just about any money you spend on your gig as a ride-share driver will be a tax-deductible business expense. The first thing that probably comes to mind is your car. There are two ways to take a deduction for the business use of your car: