Reply to I am a DC uberX driver since 2013 and have SEEN IT ALL...so please, AMA

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Reply to "I am a DC uberX driver since 2013 and have SEEN IT ALL...so please, AMA"

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[quote=Anonymous][quote=Anonymous]How do you feel about UberPOOL? Does it make you more or less money? Do you automatically cancel or screen for POOL rides?

Also, how do you handle taxes? Do you depreciate your car and deduct expenses related to driving (gas, maintenance, etc.)?

[/quote]

I HATE uberPOOL and so does every other driver with a passion.  It is a huge time-suck for the driver waiting for all those passengers and uber fudges with the money payout on the back-end because the uberPOOL fare calculation is shady.  Doing shared uber rides around town is a losing proposition.  IF I do a Pool ride, it's going to be at surge-pricing, and I'm likely to make it a solo ride the entire trip by refusing to pick-up on any more riders along the way.  But I totally see why riders love it...it's dirt-cheap and can be less than the bus or metro a lot of times.  New drivers don't know any better and will do Pool rides all day long.  Then they'll wonder at the end of the day why have they driven 100 miles and only collected $40.

My car was pretty depreciated before I got started.  I solely keep track of my mileage with pen & paper and then use the IRS standard mileage rate to calculate the deduction.  There are a couple of other line item expenses that you can deduct beyond mileage and I keep on top of those too.    I wouldn't come out ahead figuring in itemized expenses like gas, brakes, oil, tires, plus depreciation, so just keeping track of mileage makes the paperwork easy.  I spend very little on the car as far as maintenance past the essentials, and do all the easy work myself.[/quote]

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