Rideshare income is self-employment income. Find out exactly what you owe — and what you can deduct.
TurboTax Self-Employed guides you through Schedule C, mileage deductions, and SE tax step by step. Guaranteed max refund.
File with TurboTax Self-Employed →The 70¢/mile rule: Every business mile you drive is worth $0.70 in deductions. 20,000 miles = $14,000 deduction. This is the #1 deduction for rideshare drivers — track every mile.
Quarterly taxes are required: If you'll owe $1,000+ at year end, you must pay quarterly. Q1: April 15, Q2: June 16, Q3: Sept 15, Q4: Jan 15, 2027.
The platform commission is NOT deductible separately — your 1099-K shows gross fares, not net. You deduct business expenses on Schedule C.
Mileage tracking apps: MileIQ, Stride, and Everlance auto-track drives. At $0.70/mile, even 1,000 extra tracked miles = $700 more deductions.