Delivery Driver 1099 & Taxes

1099 For Gig Delivery Drivers

Whether you drive for Instacart, Doordash, Postmates, Shipt or another delivery driver service, this post is for you. Today we’re going to talk about the 1099’s you receive in the mail and what they mean for you and your taxes.

In previous posts we covered Uber & Lyft 1099 forms (K & MISC) and we’ll be using a similar format for this post as it manages to be both descriptive and helpful with each kind of ridesharing or delivery driver service.

1099 K Form: Delivery DriversStarting in the first week of February delivery drivers will begin getting their 1099 forms for previous years earnings.

It’s officially tax time!

Some delivery drivers will be getting the 1099-MISC if they generated under $20,000 in earnings for the previous year, while others will be receiving form 1099-K if they’ve accrued more than $20k in earnings & 200+ transactions.

Note, a “transaction” in this instance is a “ride”. So if you completed 200 paid rides within the calendar year + you earned more than $20,000, you’ll be getting the 1099-K.

Before we dive in to the specifics we need to state that this post is not to be considered tax advice. For specific advice regarding your taxes you should speak directly with a tax professional.

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Free Vehicle Inspection Uber & Lyft Drivers

Free Vehicle Inspections For Uber & Lyft Drivers

We’ve written about taxes for Uber & Lyft drivers and now it’s time to talk about one of the mandatory requirements for maintaining your vehicle – the annual vehicle inspection!

No one wants to pay for inspections if they don’t have to, especially those who drive for a living with companies like Uber and Lyft, so we’ve got a simple post that can help drivers find free or low-cost vehicle inspection locations near them to get the job done and maintain compliance.

Free Vehicle Inspections Near Me

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Freelancer Taxes

Freelancer Taxes | Filing, Deductions & Paying Estimated Taxes

According to a study commissioned by Upwork in conjuction with the Freelancers Union, in 2017 there are over 57,000,000 freelancers, or “independent workers” in the United States. This number totals around 36% of the working population in America!

The number of freelancers and self-employed individuals is expected to grow to a whopping 50% in just a few short years. Thanks to the new Gig Economy, millions of people that otherwise wouldn’t have gone into business for themselves are suddenly driving for Uber, Lyft, Doordash and more.

It’s an awesome thing to see, but not everyone is prepared for the shift from W2 to 1099 worker and the taxes that come with it!

At Everlance we want to help new freelancers understand the difference and some of the requirements for paying taxes as a freelancer. As always, this post does not constitute tax advice and we urge anyone with specific tax questions to consult a tax professional. Continue Reading

everlance for doordash

Top deductions for couriers and shoppers

Whether you’re a Dasher, a Postmate, or any other type of courier or shopper (Instacart, Shipt, Caviar, UberEATS, etc.), you’re an independent contractor. As an independent contractor, paying your taxes can be harder than as an employee – for example, you need make tax payments every quarter. But there’s also a key benefit: as an independent worker, there are lots business deductions you’re entitled to take. Taking those deductions reduces your taxes and increases how much money you get keep to keep.

To maximize your deductions, and therefore maximize the money you keep, you need to understand the types of deductions you can take.

We’ve developed a list of the most common deductions that couriers and other on-demand delivery workers can take.

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Lyft 1099 & Taxes

Lyft 1099 | Filing Lyft Taxes (1099-MISC & 1099-K)

Doing taxesLyft 1099 Forms: Starting in the first week of February Lyft drivers will start getting their 1099 forms for their previous year earnings in the mail and that can only mean one thing…

It’s tax time!

As mentioned above, if you drive for Lyft you’ll be getting your 1099 from them soon, but which one will you get?

Some Lyft drivers will be getting the 1099-MISC if they generated under $20,000 in earnings for the previous year. And those drivers that generated over $20,000 in income + at least 200 trips will be getting the 1099-K.

Not too complicated. However, let’s dive in a little deeper to understand how Lyft drivers are classified for tax purposes and what those different 1099 forms really mean.

As always, this post is not to be considered tax advice. For specific advice regarding your tax return you should speak directly with a tax professional.

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