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1 With a more realistic 25% total tax rate, if you made over $5000 take home from Uber or Lyft after their commission, you will need to pay estimated taxes. 2  The above figures are gross estimates and does not apply to every driver.
But not all drivers seem convinced. The whole analysis brushes off driver expenses and earnings per mile. Gross earnings really are not a fair comparison point, wrote one commenter going by the alias rckymtnrideshrdriver in a reddit section focused on Uber drivers.