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Tax season. Simplified.

Maximize your savings. Everything you need for easier-than-ever filing is all right here.

Keep more money in your pocket


Maximize your deductions

When it comes to deducting car expenses, you have two methods to choose from. TurboTax can help if you’re unsure which method to choose.

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Standard mileage method

This method provides a set rate that covers all your car expenses and doesn’t require you to track expenses or receipts manually. For every mile you drove with Lyft in 2023, you’ll get a $0.655 deduction.

Actual expense method

This method requires you to gather your receipts and add up all you’ve spent on the following costs. The percentage you use for work can be deducted for even more savings.

Gas
Repairs
Maintenance
Car payments
Insurance
Depreciation
Vehicle registration fees and licenses

Common operating expenses

All drivers may be able to write off a portion of the following expenses, regardless of which deduction method you choose.

  • Wireless plans
  • Phones and accessories
  • Parking and tolls
  • Roadside memberships
  • Streaming subscriptions
  • Health insurance
  • Cleaning supplies
  • Passenger treats

Save with TurboTax

All Lyft drivers get 25% off TurboTax Premium and TurboTax Live Assisted Premium. Elite and Platinum drivers get 50% off. Additional state filing charges apply.

Get TurboTax

IRS Free File

This is a free government service for people who meet qualifying income requirements. A tax advisor can help you choose the best way to file for you.

Learn more

File with confidence

All of the documents you need to file taxes will be added to your Driver Dashboard by January 31 and we’ll email you when they’re ready for download.

Annual Summary

All drivers will receive an Annual Summary, with a breakdown of the number of rides and online miles, gross earnings from rides, non-ride earnings, and more. It’s not an official tax document, but it has information to help you file your taxes.

1099-K

If you earned at least $20,000 in ride payments and gave at least 200 rides, you’ll receive this official IRS tax document. You may have a lower earnings threshold depending on your state. The 1099-K shows the total amount passengers paid for the rides you gave in the year. Even if you don’t receive a 1099-K, you may still have to file taxes.

1099-NEC

If you earned $600 or more from non-driving activities, like referral bonuses, incentives and streak bonuses, you’ll receive this official IRS tax document. Even if you don’t receive a 1099-NEC, you may still have to file taxes.

Download forms

Save on mileage and expense tracking

Everlance makes it easier for drivers to track their mileage and expenses automatically—and maximize their deductions. All Lyft drivers get discounted Everlance Premium, and Elite drivers get free access.

Get Everlance

Requirements to receive a 1099 from Lyft - Lyft x Everlance

Depending on how much you’ve earned while Driving with Lyft, you may be eligible for one or more 1099s from Lyft. Any tax docs that you qualify for from Lyft will be available in the Tax Center of your Driver Dashboard.

What is a 1099? - Lyft x Everlance

As a Lyft Driver, you may qualify for a 1099-K, 1099-NEC, and/or Annual Summary for tax filing purposes. You may need these docs to file your tax return.

Understanding your Gross v. Net Earnings as a Lyft Driver - Lyft x Everlance

Understanding how much you’ve earned from driving with Lyft is important when it comes to tax filing. Use the Annual Summary in the Tax Center of your Driver Dashboard to see a full breakdown of your earnings from Lyft.

Where to find your Lyft tax documents - Lyft x Everlance

Each year, Lyft will provide you with any tax documents that you qualify for by January 31. Any tax docs that you qualify for from Lyft will be available in the Tax Center of your Driver Dashboard.

Non-Car Expenses for tax filing - Lyft x Everlance

When it comes to tracking and deducting expenses during tax time, Everlance is here to help. Everlance makes it easier for drivers to track their mileage and expenses automatically—and maximize their deductions.

What if I don’t get a 1099 from Lyft - Lyft x Everlance

If you don’t qualify for a 1099 from Lyft, you may still need to report your earnings. Go to the Tax Center of your Driver Dashboard to find the Annual Summary of your earnings and miles.

Questions about form eligibility and where to find your docs? Check out our Help page for more info.

Frequently Asked Questions