So, you’ve successfully gotten your career as a rideshare driver off the ground, and are bringing in a paycheck every month driving for Uber or Lyft. While a career in ridesharing can be freeing – with its flexibility and the lack of the boring office environment – it also comes with one of the more difficult aspects of self-employment: taxes.
You don’t get automatic tax deductions from your paycheck with Uber and Lyft, but don’t get too comfortable; the IRS still cares about that money you are making. Uber and Lyft drivers are self employed independent contractors, which means that every expense of the business can be written off come tax season, and one of the primary expenses of ridesharing is mileage.
To make sure you are ready to report your earnings come April, as well as make the most of your potential tax deductions, you’ll want to use a great mileage tracking app to do the hard work for you.
There are a lot of great apps out there, offering everything from mileage tracking to report generation to ride classification. Here are the 14 best apps you can use to track your mileage with Uber and Lyft.
1. SherpaShare Mileage/Expense Tracker
SherpaShare is one of the highest rated tracking services out there. It integrates advanced trip-detection technology with secure cloud storage, analytics, and one-click classification.
The tools can be customized for your purposes, and you can track all of your expenses within the app. This gives you a more accurate sense of your actual earnings. When it’s time to file for tax returns, SherpaShare gives you everything you need at the touch of a button.
With real time navigation, driving optimization, and a community of other drivers, you can stay informed and connected, always aware of the best ways to save and earn money.
Great for both personal and business travel, Everlance uses GPS to track and store your trips in the background. When you want to classify your trip, it’s as easy as swiping your finger across the screen. When it’s time to organize the information for tax purposes, it effortlessly generates Excel reports.
You can easily link Everlance to your bank and credit card accounts to track expenses within the app, then store all your receipts in cloud storage, instead of all over your car.
Everlance is free on iOS and Android, but offers premium services for $5/month (if paid annually), or $8/month (if paid monthly). With the premium service you get unlimited automatic trips (only 30 trips are included with the free software, and from there they must be entered manually). You also get advanced reporting options and automatic classification.
If your main goal in tracking mileage is easier tax return filing, Hurdlr was built with with this purpose in mind. Not only does it auto-track mileage and expenses, it offers real-time views of earnings and potential tax deductions.
It enables you to always know what taxes you owe, and when you owe them, offering peace of mind about finances with little mental effort, so you can focus on other things, like offering the best Uber or Lyft ride to customers.
MileWiz has their own proprietary technology, which they use to automatically detect trips, with up to 95% accuracy.
With it, you can either set the app to auto-categorize trips based on work days/hours or on places you visit. You can also easily manually categorize with the swipe of a finger. Log places and expenses for accurate, personalized information that is always at your fingertips.
If you want to export your information to a CSV file, you can easily do that, and you can also easily back all of your information up in cloud storage.
5. Easy Logbook
Easy Logbook is one of the simplest apps to use for mile tracking, and if you’re not into any of the extra bells and whistles, this is definitely a great option. The interface is simple and clean, without any distractions.
Your screen will show a simple clock with a start and stop button. When you stop your trip you can add a description and then save it. Your reports are generated and sent to you via email.
Easy Logbook is free, but only available on iOS.
TrackMyDrive is an online and app tool that runs seamlessly in the background on your mobile device, automatically tracking every time you go for a drive. From there it’s simple to categorize every trip as business or personal, which is a valuable component when driving for Uber or Lyft. You can create custom categories as well.
One of TrackMyDrive’s best features is that it automatically syncs with your account, and you can view all of your trips and reports on your desktop or laptop. They also offer an iPad app, meaning you can use your iPad for mileage tracking (if it is a wifi + cellular model) and for account access as well.
Another great option if you want to use an app that syncs between all of your devices is MileIQ. It’s pretty similar to others, offering automatic mileage tracking with your trips, easy classification, data storage and syncing, and report generation.
One thing we like is that for simple categorization between business and personal, you can simply swipe left for personal drives, and right for business drives. This is a bonus, requiring little thought in the moment. You can go back later and organize things differently if needed, using your online account.
TripLog’s main concern is helping drivers help themselves by enabling them to make the most of their tax deduction each year. It boasts IRS compliant logs, and even offers a helpful page explaining how you can make the most of your driving expenses when filing your tax return.
9. QuickBooks Self-Employed
Many are familiar with Quickbooks, one of the highest rated and used financial management softwares available. You may not be aware though, that QuickBooks offers an app specifically designed for the driving expenses of the self-employed.
One great feature of Quickbooks Self-Employed is the quarterly taxes, which makes sure you know how much you’ll owe at the end of each quarter, enabling you to set the necessary funds aside and avoid the unpleasant surprise of writing a huge check come April.
10. Stride Drive
Stride Drive is an ideal app for rideshare drivers, as it was designed with that profession in mind. It tracks mileage for all of your trips, and produces reports that you can simply print out and give to your accountant when needed.
It also offers categories for all the other expenses you can deduct, including car-washes, goodies for passengers, and tolls.
11. MileageLog +
Mileage Log + is designed with IRS compliance in mind, meaning you’ll know that the information you get from them will be exactly what you need for filing your tax return.
Features include customizable categories, quick entry frequent trips, excel compatible reports, Dropbox syncing and backup, and easy sorting and filtering.
If you want the reliability of IRS compliance without the complexity of an online account, this is a great choice.
MileageLog + is $3.99 on iOS.
TaxMileage is particularly useful for it’s tracking of fuel consumption and cost. On top of tracking miles and providing all of the necessary tools for expense reporting, it allows you to track miles in kilometers or miles, keep track of fuel costs, and display fuel consumption statistics in graph form.
You can also register several cars with TaxMileage, which can be useful if you sometimes use various vehicles for ridesharing, or use rentals, rather than your own car.
13. FYI Mileage
FYI MIleage offers an intuitive user interface, making it easy and quick to use when entering data. You can use it to support multiple cars AND multiple drivers, which is a great feature if you aren’t the only one using your vehicle.
On top of this, it offers flexible reporting, easy searching, a link to your address book, reimbursement summaries, customizable reimbursement rates, and memory of your most frequent trips.
FYI Mileage is $2.99 and is only available on iOS.
MileBug is another app which uses an online account for easy access to reports and data. The app offers full path map display, automatic tracking, and the ability to enter regular destinations for easier entry of frequently made trips.
MileBug offers everything you need for IRS compatible reporting, and everything is backed up in the cloud to ensure safe storage.