Taxes Archives - Courier Hacker

April 29, 2021 April 29, 2021 Leave a comment Food Delivery, Taxes

DoorDash Taxes Schedule C FAQs For Dashers

Suppose you make an income with food delivery apps like DoorDash, UberEats, etc., that makes you an independent contractor. Because of this, the platforms will not deduct taxes from your pay. It means that you are responsible for paying your taxes. It’s always wise to set aside a portion of your earnings for taxes. The form you’ll use to file taxes will not be a W-2 (for employees) but a 1099 form.
This article provides answers to some of the most frequently asked questions about DoorDash taxes.

7 Tax Deductions If You Use Your Car To Earn An Income

February 16, 2021 February 17, 2021 Leave a comment Gig Economy, Taxes

7 Tax Deductions To Write Off If You Use Car To Earn An Income

Did you know that if you are using your car to earn an income, you are eligible for several deductions on taxes? If you drive for a rideshare or a food delivery business, you will receive a 1099-K form from the company you drive for with information on what you earned. The earnings that you have made in the gig economy are to be filled out in Form 1040. Here are some of the top expenses to keep track of and avail as tax deductions in April.

Why rideshare drivers need to track miles

February 10, 2021 February 12, 2021 Leave a comment Taxes

Why Rideshare And Food Delivery Drivers Need To Track Miles

Working in the gig economy means working hard as well as smart. It’s tax season so recently, you may have noticed an influx of apps and tips on tracking your miles from many sources. Tracking miles serves a great purpose as a rideshare and food delivery courier. By tracking miles for a gig, you get to write them off as tax deductibles.

8 Biggest Sources Of Tax Deductions For Food Delivery & Rideshare Drivers

January 15, 2021 January 15, 2021 Leave a comment Gig Economy, Taxes

8 Biggest Tax Deductions For Food Delivery & Rideshare Drivers

Food delivery and rideshare can be a great way to make some extra cash, which can boost your savings or help you settle a debt. You might be doing it for the extra income or as your full-time job. Regardless it can affect how you file your taxes come tax season.

January 11, 2021 February 17, 2021 Leave a comment Taxes

Best Ways To File Your Gig Income Taxes During The Pandemic

It’s that time of the year again! With the holiday season behind you and tax season looming on the horizon, cheer and joy are the last things on your mind. No one likes filing their tax returns. Based on a 2020 LendingTree survey, 54% of Americans positively dread it.

Changes to taxes code for 2020 for independent contractors filing form 1099

April 8, 2020 June 28, 2020 Leave a comment Resources, Taxes

10 Changes To Taxes Filing 1099-Form Independent Contractors Should Know About For 2020

Hey! It’s that time of year again. You probably see a lot of H&R Block or Turbotax ads lately. Taxes season is here. I already updated the post on how to file taxes with 1099-Form if you do food delivery […]

March 28, 2020 January 29, 2021 5 comments Resources, Taxes

How Couriers File Their Taxes: All Your Food Delivery Tax Questions Answered

Tax season is upon us, and soon you’ll be receiving 1099 forms in the mail to file your taxes on your food delivery income. Filing your taxes can be intimidating if you’re not familiar with all the different tax terms (W-2, 1040-EZ, 1099-K, 1099-MISC, etc.)

February 9, 2017 December 25, 2020 Leave a comment Resources, Taxes

7 Tax Deductions Gig Economy Drivers Might Forget About

People who made money in the gig economy are likely to owe the government money since companies like Uber, Postmates, and DoorDash don’t withhold taxes from their weekly earnings. If you made money through any on-demand or gig economy businesses in 2016, you’re going to want to maximize your deductions and pay fewer in taxes.