If you’re a rideshare or delivery driver in Los Angeles, you know that every mile counts—not just for your income but also for your taxes. The IRS allows drivers to claim mileage deductions, which can significantly reduce your taxable income. The key is proper tracking. At LA Elite Rentals, we want our renters to not only have access to cheap rental cars for rideshare and delivery drivers but also maximize their earnings by being smart with taxes.
Why Mileage Tracking Matters
For 2025, the IRS standard mileage rate is set per mile (rate updates annually). This means every mile you drive for Uber, Lyft, DoorDash, Instacart, or Amazon Flex could equal extra savings at tax time. Drivers who don’t track miles properly miss out on deductions that could save them hundreds—or even thousands—of dollars.
Tools You Can Use to Track Miles
-
Rideshare apps: Uber and Lyft automatically log trips, but they may not track all miles (like when you’re driving to pick up a passenger).
-
Mileage tracking apps: Tools like Stride, Everlance, or MileIQ make it easy to record every business mile.
-
Manual logs: If you prefer, you can keep a simple notebook in your car to jot down odometer readings.
Benefits of Accurate Mileage Tracking
-
Lower taxable income: The more miles you log, the more deductions you can claim.
-
Proof of expenses: In case of an IRS audit, accurate records protect you.
-
Better budgeting: Knowing your true costs helps you see if your rideshare strategy is profitable.
How LA Elite Rentals Helps Drivers Save
When you rent with LA Elite Rentals, you get more than just a car—you get peace of mind. Our affordable economy cars for rideshare and delivery drivers come with unlimited miles, insurance, and maintenance included. That means you can focus on stacking rides and tracking every mile, without worrying about extra costs.
Final Thoughts
Tracking your miles isn’t just a good habit—it’s the key to keeping more of your money at tax time. Pair that with a cheap rental car for Uber, Lyft, or delivery driving in LA, and you’ll set yourself up for higher profits all year long.
