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>And probably can under-report tips I drive for both Lyft and Uber: Most passengers don't tip, and even when they do they usually use the app, so there's very little under-reporting. In my experience: The most cash tip I've ever recieved was $20 for returning an iPhone to a user, and the most cash tip I've ever gotten in a night from just rides is on the order of $10, and I'd say about 80% of my nights net $0 cash tip. You do, however, get a really nice tax advantage if you drive a fuel efficient car, the federal deduction is $.55/mile, and I estimate my operating costs (fuel, maintenance, but not depreciation since my car already has 115k), to be about $.20/mile. It might be neat for priceomics to do a report on this. Hey, priceomics, want to interview me? |