Uber driver pay varies depending on where you live and how many hours you drive. I make between $19 and $23 an hour in Los Angeles. Studies across the nation show that Uber drivers make over $19 an hour on average. In New York City, the average Uber driver makes over $30 an hour.
How much do Uber drivers make an hour?
Uber does not pay their drivers hourly. There is also no such thing as an Uber driver salary. As described above, drivers are paid a portion of the fare for every ride that is given.
Do Uber drivers get tipped?
Passengers cannot tip directly through the Uber app. However, many passengers do tip the driver in cash.
How much do Uber drivers make a week?
I usually drive between 30 and 50 hours, and I make between $900 and $1200 a week. After gas and taxes that is $750 – $1000 a week. Out of the 30-50 hours, I do not spend the entire time driving. Sometimes new ride requests do not come in immediately after one ride is completed. I try to use my ‘breaks’ productively, keep a Kindle in my car for these periods of downtime and catch up on my reading.
How much money an Uber driver makes depends on numerous factors. As a practical example, let’s assume you make $19 an hour after taxes and expenses, and you work 40 hours a week, like a regular full-time job:
$19 x 40 hours/week= $760 a week.
$760 x 4.33 weeks/month = $3,291 a month or $39,492 a year after taxes and fuel costs.
How do Uber drivers pay taxes?
Being independent contractors, Uber drivers are responsible for their own taxes. You are mailed a 1099-K at the end of the year. You have to pay both self-employment tax and federal income tax on what you earn. The good news is that there are a lot of tax deductions. As an alternative of using actual expenses for fuel and maintenance, the IRS allows you deduct $0.535 for every mile driven for business purposes as estimated costs. This can be substantially more than the actual expenses for a car with good gas mileage. So keeping track of your mileage/expenses is very important. I just write them down in this book, but you can also use a program like MileIQ or TripLog to automatically track your miles.
Can you work for Uber part-time?
Yes, I drive with Uber full-time, but the majority of Uber drivers work less than 35 hours a week. It is entirely up to you how much or how little you work. If you already have a full-time job, driving with Uber can make an excellent part-time job. It is very easy and the schedule is completely flexible.
Learn more at: http://www.howtobecomeanuberdriver.org/