Watch out!! Its here andcoming to you soon! This should serve a lesson to those who think they candrive taxi without paying taxes. TLC may not report your income but credit cardpayment recipients like garages and other third party organizationswho file taxes can report payments made to you with 1099 forms to reduce theirown taxable income.

Moreover, TLC cannot report your earnings but can be ordered to do so with acourt subpoena; for example, a family court for child support amongothers. The days for paper log trips are gone – electronic trip loggingis here – big brother watching you.

you income is the money you made for yourself and not the lease and gas and mta and credit card surchages you paid for other companies .if you work six days a week for the whole year and you make 300 dlrs tolal each days your gross income is 86400 dlrs a year.

if your lease is 850 drs /w  and your gas is 300 dlrs a week and mta and credit card surchages is 100 dlrs then your expensses are 60000 dlrs a year.

so the driver gross income is 26400 dlrs.this income only if you work 6 days a week for the 12 month and 4 weeks a month.

from here yo have also to deduct your related job expenses like food and cofee and water you buy on each shift and transportation .wich comes around 30 dlrs a day .12000 dlrs a year,

you deduct that from your driver gross income wich is 26400-12000 =14400.

if you lost time in trafic and unpaid fairs you got like 40 dlrs a day lost wich makes 9000 dlrs a year

then your net income is 5400 dlrs .the average drivers makes 220 dlrs a day as gross total income.

drivers dont get even a minimum wages for the first 40 hours of work per week .wich is stolen by medallion system

banks who issue credit for people to buy medallions must be brought to justice because they destroy the driver way of life and destroy his income and his minimum wages.because within 12 hours we get 24 of 30 minute .and each 30 minute takes one passenger.all drivers have 24 passengers as averages .if you push the lease higher the the driver must pick up more people or pay from his own packet.

where to drivers .wheeeeeeeeeeeeeer to

transmission, are you sure food, coffee and water can claim as an expense? do you have all the reciepts ?

trafic lost time are deductible ,because you paid your lease in advance wich comes around 30 dlrs an hour during rush hours,

meals and drinks wich is related to your work and not paid by your medallion owner also deductible.

if you take day off and paid your lease in that day ,those days off are 100 percent deductible.

car service inside yur garage ,time lost ,deductible.

dont forget to mention your hourly income and in case your hourly income is less the state minimum wages then you can

hire a lower against your medallion owner to pay you the rest.if your hourly income is 5 dlrs and ny state minimum wages are 9 dlrs then your medallion owner must pay you 4 dlrs for each hour your worked,but you have to provide evidence

that your medallion owner has overestimated the driver income.good luck

you dont need receipts for food water and cafee.you eat two sandwiches 20 dlrs plus water and caffe 5 dlrs so its 25 dlrs.

but this year try to use your credit card for anything related to your job.

uncolected fairs and fake money from people also deductible.

My friend, Transmission; you are a Taxi driver and not a tax expert. Thisis not a good advice to anyone here. It's advisable for those who want to filetaxes to consult a tax expert. There are many experts out there proving freeservices. Find out from your local Library or Google for such information.

Generically speaking, business expenses for a taxi driver includes, parkingticket, tolls, car wash, gas, lease, repairs, MTA pass and all expenses relatingto your making whatever you made from driving. If you took a taxi home because your taxi breaks down on theturnpike, that could be a legitimate expense incurred in the course of doingbusiness.

But hear it from the horse’s mouth and hold him accountable should he file thewrong information. Documents you file today may come back to hunts you. So, forfew dollars less than couple of JFK trips don’t let that happened to you. Doyourself a favor and consult a Tax expert; don't take my word for it; 12 hoursshift involves lots of abuse from owners, passengers, other drivers, police anda health hazard – so don’t compound the problem with more frustrations from UncleSam.

do you know that in new york city some people making millions and not pay taxes and some of them collect food stamp

do you know that a taxi driver has no benefit or heath care.do you know that a taxi driver works 70 hours a week without overtime pay or sick days ,do you know that the average age for taxi drivers is55 years old ,who cares if you got sick

.what you have to give more for the city .why are we scared for no reason.do you beleive you can survive in new york city with your taxi income today .we slave ourselves and and try to give money that we dont make. do you know that garages and brokers are overestimated the driver income and charging him a deadly lease.do you know your garages and brokers

collecting illegale money on behalf drivers from insurances.i dont understand why drivers are brainwashed .keep this in your mind all the time,the city need you 24/7 in the street for your whole life in order for anyone never be late to his destination.

if the driver is starved ,the city runs.this tactic applies to all cities around the world.we dont pay you to go home but we pay you to stay working.

any recomendation who knew how to do this type of tax returns?

where can I find account to file tax return fo taxi driver?

happiesam,  I did not see the office you mentioned on 10th ave bet 47 and 48 street,