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Those who work as rideshare drivers — from Uber to Lyft to local rideshare companies — know that while their anti-9-5 lifestyle is undeniably freeing, the tax burden that comes with that freedom makes for a pretty frustrating ordeal. But, the truth is, taxes don’t have to be such a headache for rideshare drivers. In fact, by taking the right deductions, you can actually save thousands of dollars each year.
Whether you’re driving full-time or part-time, if you’re new to the world of deductions and aren’t sure where to start, don’t worry. The following are a few deductions we recommend every rideshare driver take to save thousands on their taxes each year:
The Mileage Deduction
The mileage deduction is one of the most valuable deductions for rideshare drivers. For 2026, the IRS standard mileage rate is 72.5 cents per mile for January through June and 76 cents per mile for July through December. Every business mile you track is worth real money at tax time.
Hurdlr’s built-in mileage tracker can detect your drives automatically so you do not have to keep a paper log. A complete, accurate log is also the best protection if the IRS ever asks questions.
The Expense Deduction
You may not feel like saving receipts for supplies, car washes or new tires, but deductible expenses can add up to a large tax savings. Tracking them is the only way to claim them.
With Hurdlr you can link a credit card so expenses are captured automatically, keep receipts for things like passenger snacks and maintenance in one place, and export a report for your accountant. Receipt tracking isn’t fun, but it pays off.
The Self-Employment Tax
When you are self-employed, you need to know how much to set aside for taxes, and you generally make estimated payments each quarter to avoid penalties. Hurdlr’s tax estimates can help you see what you may owe and when payments are due. Plan to confirm the amounts with a tax professional.
