Current Events > I thought Uber drivers make $100K+ a year?

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FFVII_REMAKE
08/25/17 1:05:46 AM
#1:


Why do some of them look like they're living poor?
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Iodine
08/25/17 1:08:15 AM
#2:


What made you think they were making so much?
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MabusIncarnate
08/25/17 1:11:34 AM
#3:


lol, where did you hear that nonsense? Maybe if they do it 70+ hours a week in a major city, but even then, idk.
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Bok_Choi
08/25/17 1:12:01 AM
#4:


It's true that Uber/Lyft/other rideshare drivers CAN make like 400 bucks a day

but they also have days where they might make 40 in 6 hours

and then you consider the wear and tear to your personal vehicle

paying for gas

etc

They might come out to a gross 100K but they'll actually make less than that and their expenses are way higher than most jobs, even if you're well-versed in tax stuff

source: i currently work for a competing rideshare service
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FFVII_REMAKE
08/25/17 1:21:17 AM
#5:


So an Uber drivers paycheck doesn't count for state/federal taxes and other deductions such as 401K, healthcare, etc?
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Bok_Choi
08/25/17 1:25:18 AM
#6:


FFVII_REMAKE posted...
So an Uber drivers paycheck doesn't count for state/federal taxes and other deductions such as 401K, healthcare, etc?

They're considered independent contractors, not employees, and therefore they don't get a W2 and stuff

I don't really know the super specifics, I just know the general gist of things tbh

edit: at least for uber and lyft (i think?)... uber for sure
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