Lyft Tax Calculator

Calculate your true earnings, mileage deductions, and quarterly taxes as a Lyft driver — based on 2026 IRS rates.

Lyft Driver Tax FAQs

Does Lyft send a 1099?
Yes. Lyft sends a 1099-K if you earn over $5,000, and a 1099-NEC for referral bonuses and other non-ride income.
What is Lyft's service fee?
Lyft typically deducts 20–25% as a service fee, though this varies by market and ride type.
Can I deduct my Lyft driver app costs?
Yes. Phone data costs used for driving, car washes, and other ordinary business expenses are deductible on Schedule C.