Tax Help for Lyft Drivers: How to File Your Lyft 1099

Taxes for rideshare drivers is a bit more complex than taxes for traditional workers. Here's a simple guide on how to read and file your Lyft 1099.

What is mileage tracking?

Mileage tracking refers to keeping a log of miles driven for tax deduction or reimbursement purposes. The 2017 standard mileage rate is 53.5 cents per mile.

Mileage Rate: Standard Mileage vs. Actual Expenses

Here's a simple and easy guide to mileage rates to evaluate which method provides the biggest mileage deduction for you.

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