Skip to main content
Level 5
May 30, 2023
Solved

Can we deduct Lyft/Uber Platform fees?

  • May 30, 2023
  • 1 reply
  • 14 views
No text available
This topic has been closed for replies.
Best answer by Just-Lisa-Now-

If you're reporting gross income from the job, then yes, you'd report fees you had to pay to earn that gross income amount.

Just like you, as a tax professional, take a credit card for a client fee and have to pay a processing fee, you'd report the total amount the client paid you, then report the fees you paid on that gross amount as an expense.

1 reply

Just-Lisa-Now-
Intuit Community Champion
May 30, 2023

If you're reporting gross income from the job, then yes, you'd report fees you had to pay to earn that gross income amount.

Just like you, as a tax professional, take a credit card for a client fee and have to pay a processing fee, you'd report the total amount the client paid you, then report the fees you paid on that gross amount as an expense.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
lucreciaAuthor
Level 5
June 8, 2023

Thank you Lisa I appreciate your help.