Do Uber or Lyft drivers get 1099s?

Uber and Lyft supply 1099-MISC forms each year to drivers who earned at least $600 in the previous year. The 1099-K form is supplied to each driver who earned at least $20,000 and completed 200 rides or more in the prior year.

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Are Uber or Lyft tips taxed?

The Internal Revenue Service (IRS) and state revenue agencies typically treat tips as taxable income. Uber and Lyft drivers are responsible for tracking tips to provide accurate accounting of their incomes.

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Who does Uber or Lyft inspections?

Uber and Lyft drivers comply with annual inspection requirements by using third-party inspectors from local auto shops or dealerships. Company representatives who staff local activation centers can recommend inspection services to drivers.

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Which is safer Uber or Lyft?

Uber and Lyft note on their websites that they respond quickly to safety concerns by its riders. Neither company maintains publicly available statistics on safety issues. CBS News reported in April 2018 that 103 Uber drivers and 18 Lyft drivers were accused of sexual assault or kidnapping riders. City Lab reported in October 2018 that increased Uber and Lyft use corresponded to higher traffic […]

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What is the oldest year car Uber or Lyft will accept?

Uber Uber requires driver-partner applicants to use vehicles that are 15 years old or newer on the platform. The exception to this rule is New York City, which requires vehicles to be 13 years old or newer with additional restrictions based on vehicle model. Lyft The maximum age requirement for Lyft vehicles varies by region. For example, […]

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Who pays for the insurance on Uber or Lyft?

Uber: Uber requires every driver-partner to maintain their own auto insurance that meets or exceeds state standards. The company provides coverage for third-party liability, uninsured motorist injury, and collision coverage after a $1,000 deductible paid by the driver. Lyft: Lyft requires each driver to acquire auto insurance meeting or exceeding their state’s auto insurance requirements. The company pays for […]

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