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Anonymous
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I have been driving Uber since 2016 part time. My car is a 2013 Hyundai Sonata. I have never claimed depreciation. Is it too late for me to claim it for tax year 2021?

 
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JamesG1
Expert Alumni

I have been driving Uber since 2016 part time. My car is a 2013 Hyundai Sonata. I have never claimed depreciation. Is it too late for me to claim it for tax year 2021?

Uber income and expense is reported on Federal 1040 Schedule C for self-employment income and expenses.

  • Go to Federal / Income & Expenses / Your income and expenses / Self-employment income and expenses
  • Click Start /Edit / Add to the right.
  • Edit the self-employment activity. 
  • At the screen Here's your info, scroll down to Add expenses for this work
  • Add Vehicle.

You may deduct a vehicle mileage rate or direct expenses of the vehicle including depreciation.  See this help.

 

Previous years tax returns up to three years may be amended to include the vehicle costs.

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