If I did both rideshare driving and Delievery driving, can I deduct shared expenses for both? For example, a dash cam that I bought can count as supplies for both?

[AnnetteB6]

Yes and no.  Since the dash cam is being used for both your rideshare driving and your delivery driving, you can deduct the cost under both businesses, but it must be split between them.  You cannot deduct 100% of the cost from both.  

Or, since rideshare driving and delivery driving are essentially the same business (you are driving, only carrying different types of passengers), they can be combined into a single Schedule C business.  This will help to consolidate your expenses and mileage so that you are not required to separate your miles for each type of driving you do.  If both driving businesses are combined, then you can claim the full amount of the dash cam as a deduction on the one and only Schedule C.  

[Throstle]

How would you combine the Ride Share and Delievery Drivers self employment businesses into a single scheduule C business within the confines of Turbo Tax online?   TurboTax does not seem to be set up for this,  they ask you to classify the business as either Rideshare or Delievery.   I guess just name it Rideshare/Delievery,  classify it as rideshare, but then combine delievery driver into the rideshare?  

Or it might just be simpler to not deduct anything from delievery driver, as I did make that much there, and put all my expense deductions into Ride Share.  It makes it easier then trying divide all expenses in half.

Thanks for the help

Eric

[DawnC · Accepted solution]

Do it as one business/Schedule C.  It will be much easier since you won't have to divide up expenses between schedules - especially the vehicle expenses.   Enter it as you described above - combine it into one business and call it Rideshare/Delivery or just Driving would be fine.   It doesn't matter what you describe it as.  The description helps TurboTax choose a business code and provides you with a list of common expenses.   The common expenses for both of those business types are the same.    Put all of your self-employment income and expenses on the same Schedule C (line of work).   

If you had one business as a driver and another business as a karate instructor, you would not combine them.  But in your case, these are both the same work activity.   @Throstle