Understanding Rideshare Taxes
Rideshare and gig drivers are considered self-employed. You receive 1099 income, pay self-employment taxes, and are responsible for calculating both federal and state taxes.
Common Deductions for Gig Drivers
- Vehicle expenses (mileage, gas, maintenance)
- Cell phone and internet used for work
- Supplies such as water, snacks, and bags for passengers
- Home office expenses (if applicable)
- Professional services (accounting, tax software)
Quarterly Tax Payments
Gig drivers typically need to pay quarterly estimated taxes if you expect to owe $1,000 or more. Deadlines for 2026 are:
- Q1: April 15, 2026
- Q2: June 15, 2026
- Q3: September 15, 2026
- Q4: January 15, 2027
Tips for Accurate Tax Filing
- Track all income and expenses using apps or spreadsheets.
- Use a reliable 1099 tax calculator to estimate federal and state tax.
- Consider consulting a tax professional for multi-state work.
- Save for tax payments to avoid last-minute financial stress.
Internal Links for More Guidance
