Rideshare Write-Off

CAN I WRITE UBER or LYFT RIDES OFF ON MY TAXES

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The following is based on taxes in the United States:

You would be able to claim Uber or Lyft as a taxable expense if you run a business.

By boarding the ARK, you are an independent sales rep and it is considered your own business. 

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If you have an Uber or Lyft for business account.

When signing up for Uber or Lyft you can select the option for business.

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And if you use your rides for business purposes.

Let’s say you called an Uber or Lyft with the intent to market your business at a different location. As long as you conduct business at that location upon arriving (which could be sharing the PLUS with friends or family or performing an Act of Random Kindness at that location) it can be a write off. Do you have to conduct business the entire time at that location, no. It’s the intent that is considered. For example, if you took an Uber or Lyft to the mall or movies and your intent was to share the PLUS or do an Act of Random Kindness, then you can once you arrive and then later you can go shopping and or a movie. You would not have to conduct business the entire time at the mall or movie theater, just first and upon arriving.  

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Other reasons to use Uber or Lyft for business purposes:

  • Customer visit
  • Meeting
  • Run errand/supplies
  • Meal/Entertain
  • Travel/Airport

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This goes only to any taxes your business has to pay, not your income tax.

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Disclaimer:

We are not tax experts or a tax accountant firm. Please reach out to your tax accountant for details on how to right off taxi or rideshare rides before doing so.