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First I'd like to say that I DEFINITELY will be consulting with an expert as this is my first year doing Lyft and want to get it right. I done my own taxes for the last decade but i just copied what my tax person did the first time I paid for it but never really understood it too well myself (worked so far). Assuming I drove this many miles and made this much all 52 weeks of the year (and this is a pretty normal week for me) and I deduct the miles at the end of the year for my taxes (829 X 52), how much would I owe? I'm doing this on top of my day job that pays me 18$/hr but assuming I went full time, what would this look like? I've heard some people say they ended up paying a lot in taxes doing this and with a few months left in the year, I don't want to wait until I have a huge tax bill to decide if this was worth it or not. I have terrible lung problems and can barely walk 30 ft without stopping. I would love an alternative to my day job at a warehouse but still be able to pay my bills properly.
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