Quote: (11-20-2014 10:53 AM)heavy Wrote:
recently posted how I drive for Uber...and even in my middle income tax bracket, I have to figure 25% for uncle sam. Figuring 15.5% of that is social security, I still consider that a tax. The only way to benefit and not pay taxes on all of it, to avoid income taxes and SS, is to own a business, or rather, assets that make money.
Driving for uber IS 1099 business income. You can claim any legit business expenses against your income.