How to Download Your Annual Tax Summaries for Uber & Lyft

Accessing your annual Uber tax summary and Lyft earnings reports is essential for filing an accurate T2125 self-employed tax return in Canada. This step-by-step guide helps rideshare drivers across Ontario gather their annual statements, report gross fares, and claim allowable business expenses effectively with HassanTax Ltd.

Filing your self-employed tax return in Canada requires accurate income and expense records. Rideshare and delivery platforms like Uber, Lyft, DoorDash, and Instacart provide annual tax summaries at the end of each taxation year. Providing complete and accurate annual records helps your accountant or tax preparer properly report your income and eligible business expenses on Form T2125 and your GST/HST return.

1. How to Get Your Uber Annual Tax Summary

  1. Log in to your account at drivers.uber.com on a web browser.
  2. Go to the Tax Information tab in the main menu.
  3. Select Tax Summaries.
  4. Find the relevant tax year and click Download to get your PDF summary.

Note: Your Uber Tax Summary breaks down your Gross Rides Fares, Uber Eats Fares, Booking Fees, Regulatory Fees, Tolls, Promotions, Voluntary Tips, and GST/HST Collected[cite: 2, 3]. It may also include platform service fees, fee discounts, and GST/HST amounts paid that can assist with your tax filing[cite: 2, 3].

2. How to Get Your Lyft Annual Tax Summary

  1. Log in to your driver account at driver.lyft.com.
  2. Click on the Tax Information or Earnings section.
  3. Locate the Annual Earnings Summary for the tax year.
  4. Click Download to save your summary.

Note: The Lyft summary displays your gross fares, bonuses, voluntary tips, third-party fees, and GST/HST collected on bonuses to assist with CRA reporting.

3. Delivery Apps (DoorDash, SkipTheDishes, Instacart)

Check your driver portal or email for annual earnings summaries or monthly statements. Ensure you gather all income and fee records across all platforms you worked for during the year.

Using This Tax Worksheet

You can easily use this online worksheet to submit your financial details directly to us. All you need to do is fill out your earnings and eligible business expenses in this form. Once you submit your information, our team will contact you to help prepare and file your T2125 income tax and GST/HST returns smoothly. Providing complete figures helps the accountant handling your file process your tax return properly and efficiently.

Standard Calculator ⌨ Keyboard Enabled
0
Uber tax summary download guide for rideshare drivers in Ontario

Disclaimer: This worksheet and guide are provided for informational and organizational purposes only and do not constitute formal tax, legal, or accounting advice. Users are solely responsible for ensuring the accuracy and completeness of all data entered. Always consult a qualified tax professional or accountant for advice tailored to your specific financial situation.

Driver reviewing annual Uber tax summary on laptop for CRA T2125 tax return

Uber Tax Summary FAQ

1. What is an Uber tax summary?
An Uber tax summary is a report that can help organize information about your Uber earnings, fees, and other transaction details for tax preparation. It can be useful when compiling information for a self-employed tax return.

2. How can I use my Uber tax summary for tax preparation?
You can provide your Uber tax summary along with other available records, such as expense receipts, vehicle records, and banking information. These documents may help organize the information relevant to your requested tax services.

3. Can HassanTax help with my Uber tax summary?
Yes. HassanTax Ltd. can assist with organizing information from an Uber tax summary and preparing related tax information based on the records you provide. The appropriate service depends on your individual circumstances and requested scope.

CODE HTML How to Download Your Annual Tax Summaries for Uber & Lyft