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Knowing exactly where you fit when you are in the ride-sharing industry can be a bit tricky. Are you an employee? Or are you self-employed? This is important to understand because it completely changes how you look at taxes. When you are an employee your tax deductions are taken care of by your employer and certain taxes are shared in equal parts between the employee and the employer. However, when you are self-employed, you are completely and solely responsible for paying 100% of your taxes out of your paycheck. There are a few forms that you will have to get familiar with in order to successfully do your filing as a self-employed person.
Let us discuss some measures to ensure that you get your taxes right.
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