Much of what you absorb for on-demand assignment can be acclimated to abate your tax bill. If you’re active your car for Uber or Lyft, for example, car washes, ammunition costs and auto aliment can be deductible, says Frederick Towles, an accountant at The Towles Group Inc. in Uniondale, New York. But you’ll charge to accumulate annal of what you absorb throughout the year. And additionally accumulate clue of the afar you drive accepting to a chump and during the ride, says Towles. Mileage tax deductions for businesses were account 54 cents per mile apprenticed in 2016, according to the IRS.
Five Things You Should Know About Uber Tax Form 9 | Uber Tax Form 9 – uber tax form 2017
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