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@parimuzafary36:

@pari_muzafari
@pari_muzafari
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Region: TR
Wednesday 07 April 2021 14:01:11 GMT
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nadan_dil12
❣️ HaZara❣️ ہزارہ ❣️ :
wow 🥰
2021-11-22 16:26:02
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DoorDash taxes explained for beginners 👇🏽 If you drive for DoorDash, Uber Eats, Instacart, or any gig app, you are considered an independent contractor, not an employee. That means you do not get a W-2 and DoorDash does not take taxes out of your pay. Instead, you receive a 1099-NEC if you made $600 or more during the year. Your 1099 only shows your total earnings. It does not include: • Miles driven • Gas • Oil changes • Repairs • Phone usage • Hot bags • Chargers • Tolls or parking If you don’t track those things yourself, the IRS assumes you kept all the money — and that’s how people overpay in taxes without realizing it. As a Dasher, you can deduct either mileage OR actual vehicle expenses (like gas and repairs), but not both for the same vehicle in the same year. Most drivers use the mileage deduction because it’s simpler and often gives a bigger write-off. You’ll file your DoorDash income as self-employment income using TurboTax, H&R Block, or through a tax professional. You may also owe self-employment tax, which covers Social Security and Medicare. That part catches a lot of new drivers off guard. Tax professional @Lakeyshia Hampton can assist! This is why staying organized all year matters more than stressing in April. It’s not tax advice — it’s preparation. 👇🏽 Comment “TRACK” and I’ll point you to it. ✅ Save this video so you don’t forget. ✅ Share this with a new Dasher.
DoorDash taxes explained for beginners 👇🏽 If you drive for DoorDash, Uber Eats, Instacart, or any gig app, you are considered an independent contractor, not an employee. That means you do not get a W-2 and DoorDash does not take taxes out of your pay. Instead, you receive a 1099-NEC if you made $600 or more during the year. Your 1099 only shows your total earnings. It does not include: • Miles driven • Gas • Oil changes • Repairs • Phone usage • Hot bags • Chargers • Tolls or parking If you don’t track those things yourself, the IRS assumes you kept all the money — and that’s how people overpay in taxes without realizing it. As a Dasher, you can deduct either mileage OR actual vehicle expenses (like gas and repairs), but not both for the same vehicle in the same year. Most drivers use the mileage deduction because it’s simpler and often gives a bigger write-off. You’ll file your DoorDash income as self-employment income using TurboTax, H&R Block, or through a tax professional. You may also owe self-employment tax, which covers Social Security and Medicare. That part catches a lot of new drivers off guard. Tax professional @Lakeyshia Hampton can assist! This is why staying organized all year matters more than stressing in April. It’s not tax advice — it’s preparation. 👇🏽 Comment “TRACK” and I’ll point you to it. ✅ Save this video so you don’t forget. ✅ Share this with a new Dasher.

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