Gig Economy Taxes: Uber, Lyft, and DoorDash Income
By IRS Gig Economy Office | 8 min read
Navigate gig economy taxes with IRS guidance. Income reporting, deductions, and quarterly payment requirements.
Gig workers must report all income according to IRS requirements. Key points: Receive 1099-NEC for earnings over $600, Report all income even without 1099 forms, Deduct vehicle expenses (standard mileage or actual expenses), Track business miles with apps or logbooks, Pay quarterly estimated taxes, Deduct phone, supplies, and equipment costs. Consider forming LLC for liability protection.\n\n**Related Resources**\n- [Financial Planning Tools](/tools)\n- [Budget Calculator](/budget-planner)\n- [Credit Guide](/category/Debt%20%26%20Credit)\n- [Money Saving Tips](/category/Save%20Money)