topic I did doordash in '21 PT. Car was totaled at the end of '21 and got a payout from the insurance company. I used the money to buy a new car. How do i account for this? in Deductions & credits

I did doordash in '21 PT. Car was totaled at the end of '21 and got a payout from the insurance company. I used the money to buy a new car. How do i account for this?

missjessica47 — Mon, 09 Mar 2026 06:27:36 GMT

Can someone tell me if I need to account for this or not and explain it to me? I am pretty confused about it. I drove part time in 2021 but made a considerable amount - 15,000. I worked a few different jobs in 2021.

Re: I did doordash in '21 PT. Car was totaled at the end of '21 and got a payout from the insuran...

AliciaP1 — Thu, 03 Feb 2022 01:58:06 GMT

The best thing to do is report your doordash income as self-employed income then you can take a mileage deduction for your car. The insurance settlement is not income to you unless you have been reporting depreciation on your returns in previous years.

A helpful guide to reporting expenses against your doordash income is What self-employed expenses can I deduct?

Re: I did doordash in '21 PT. Car was totaled at the end of '21 and got a payout from the insuran...

missjessica47 — Fri, 04 Feb 2022 18:01:15 GMT

Great, thank you! 🙂