Mileage tracking
Standard mileage rate for 2025 is 70 cents per business mile. A driver putting 30,000 miles on the car can deduct $21,000 before any other expense. App-based tracking (MileIQ, Stride) creates the contemporaneous log the IRS requires.
Other deductible expenses
Phone (business-use percentage), dashcam, car washes, parking, tolls, snacks for passengers (where applicable), and platform fees all count.
Quarterly estimates
Platform income has no withholding. Without quarterly estimated payments, drivers face underpayment penalties plus a large April balance.
Common questions
- Actual expenses or standard mileage?
- Most rideshare drivers come out ahead with the standard mileage rate. The decision is year-one, we compare both methods at first filing.
Related
Personal Income Tax Preparation
Federal and state 1040 preparation with year-round planning. We handle W-2, 1099, K-1, rental, and crypto income for individuals in Florida and all 50 states.
Tax Planning
Year-round tax planning for individuals and business owners. We project the year's income quarterly and model decisions before they become tax liabilities.