Been doing a ton of Schedule C's for Uber/Lyft drivers. Not sure what the job details are actually like, but I'm seeing a general trend of pretty sizeable tax losses.
Last guy made about $35k doing this full time and showed a net profit of $2k.
And one before made $19k part time and had detailed mileage expenses of $25k. Lost $6k tax wise. Speed Test Scrabble Word Finder Solitaire
I kinda like doing small time schedule C's. These guys are keeping good logs and are decent with numbers too
I didn't understand about Schedule C's. Could you please explain...