Reply To: Does an Uber Driver Qualify for the 20% PassThru Biz Deduction?

Home Fairmark Forum Other Tax Topics Does an Uber Driver Qualify for the 20% PassThru Biz Deduction? Reply To: Does an Uber Driver Qualify for the 20% PassThru Biz Deduction?

#1757
Kaye Thomas
Moderator

Except for certain enumerated professions, anyone engaged in a trade or business other than as an employee is eligible for this deduction. Uber drivers are not employees, and they are not in any of the listed professions, so they’re eligible for the deduction. If their income is above a threshold amount, they may see the deduction reduced or eliminated due to limitations based on factors such as W-2 wages paid by the business, but I’m thinking there aren’t many Uber drivers with income at those levels.

  • This reply was modified 2 years, 9 months ago by Kaye Thomas. Reason: Edited to clarify: limitations apply above threshold income