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Uber / Lyft Driver Tax Deductions 2026

Every deduction the IRS allows for your profession. Tracking these expenses could save you between $3,000 and $8,000 this year.

Vehicle Expenses

Standard mileage rate

variable

$0.67/mile for ALL business miles

OR actual expenses method:

variable

Gas & fuel

monthly

Business use % only

Car insurance

annual

Business use % only

Car maintenance & repairs

variable

Business use % only

Car depreciation (Section 179)

annual
Driver Supplies

Phone mount, charger, USB cables

$50 / yr
100% Deductible

Car cleaning supplies / detailing

$200 / yr
100% Deductible

Water & snacks for passengers

$300 / yr
100% Deductible

Phone data plan (business %)

monthly
80% Deductible

Dash cam

$80 / mo
100% Deductible
Business Expenses

Uber / Lyft service fees

variable
100% Deductible

Already reflected in 1099-K

Health insurance (self-employed)

monthly
100% Deductible

Parking fees (during rides)

variable
100% Deductible

Estimated Annual Savings

$3,000 – $8,000

Based on an average uber / lyft driver income of $75,000 in the 22% tax bracket.