I liked the Tinder-like swiping system to categorize trips for Uber, Lyft or any other business you may be in (there’s an option to create custom business, like “freelance writing” or “raising polecats in my bathtub”).Įven the free version, on both Android and iOS, were easy to install and get started with. It automatically detects trips and lets you link your bank and credit-card account so you can download transactions and categorize them for expenses. The Free plan offers enough for a simple operation like an Uber driver or Instacart shopper. What is it with these start-ups? Do they get charged extra for using too many vowels? Anyway, like almost everyone, Hurdlr offers its expense/mileage tracking app on the “freemium” model-start out with the limited-feature free version, get hooked and upgrade to the $60/year or $8/month “Premium” plan and take advantage of expanded features. This is a great way to support the site as some of the apps like Stride Tax are free to you and we receive a small commission if you use our link, so win-win! 1) Stride Tax Mileage Tracking app Some of the links listed below are affiliate links, so if you use our link and download the app or sign up for mileage tracking, we may receive a commission. And the apps below were chosen for their features, accuracy, mobile data usage, user interface, and cost. Now that you understand just why mileage tracking is so important, regardless of if you drive for Uber, Lyft or another company or drive delivery for Instacart, DoorDash, etc., it’s time to break down your best mileage tracker app options.Īll of the mileage tracking apps listed below are available for Android and iOS. You should also track miles that are outside of rideshare driving but related to you driving for Uber or Lyft, as well as the apps listed on our best food delivery services to work for.įor example, track your mileage when you drive to a local Greenlight Hub, when you go to Best Buy to get a dash cam, or when you’re getting a car wash. Since you can deduct mileage, you’ll want to track every single mile that you drive for each company. While Uber and Lyft do provide you with a mileage total on your tax summary at the end of the year, they’re not tracking all your rideshare miles especially if you drive for both apps and tend to switch often. Translation: you’ll pay a lot less in taxes if you do a great job tracking ALL your miles using a mileage tracker! If you drive for Uber or Lyft full time and put 50,000 miles a year on your vehicle, that would translate to a $28,000 deduction on their Schedule C (2021 numbers), vastly lowering your tax liability for Federal, State, and SECA taxes. Grocery pick ups and drop offs with Instacart.Plus, as long as you’re making trips for work purposes, you can deduct business mileage.Ĭurious as to what mileage you can actually deduct? Take a look at our video on mileage deduction below: People working gig jobs like Uber often put as much as 1000 business miles a week on their vehicle so keeping accurate track of these miles is extremely important. The standard mileage rate for business travel will be 62.5 cents per mile.Īnd since rideshare drivers are independent contractors and most will take the Standard Mileage Deduction each year, it’s important to track these miles in a way that is IRS compliant. New for mid-2022: The IRS announced a mileage rate increase for the remainder of 2022 (the final 6 months of 2022). The IRS Standard Mileage Deduction for business use in 2021 is 58.5 cents per mile.
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