ilmscore | Prediction Details
"in your tax software you're gonna be given you're gonna be given the option to deduct the mileage the mileage method is based off you get a certain amount of cents per mile driven and then they're gonna ask you do you want to take the actual method that's where you're actually deducting the true cost of your of your gas your repairs your maintenance your insurance depreciation I would say generally speaking unless you bought a very expensive vehicle in the current year or this tax year you're reporting if if you do not buy an expensive vehicle then you generally just want to use the standard mileage rates so that's just the mileage method"
By ClearValue Tax | April 10, 2020 | Pending
From video
How to File Uber Taxes - Uber Tax Deductions and Tips | Uber Eats & Lyft 00:06:03 - 00:06:49
Interpreted Prediction
For tax deductions, Uber drivers can choose between the standard mileage rate (cents per mile) or the actual expense method (deducting gas, repairs, maintenance, insurance, depreciation). Generally, the standard mileage rate is recommended unless a very expensive vehicle was purchased in the tax year.

Prediction Details

Topic
Mileage Deduction Method

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