Use the following information to begin preparing your taxes as a driver on the Lyft platform. We'll do our best to break taxes down for you, but keep in mind that the following isn't tax advice. For questions about your specific tax situation or how to file taxes, speak with a tax professional in good standing with the CRA.
How drivers are classified
Drivers and riders are users of the platform and aren't employees of the company. As members of the community platform, drivers and riders aren't entitled to benefits, worker's compensation, or unemployment insurance.
Lyft is a peer-to-peer transportation platform, meaning drivers use their own cars to pick up passengers, who use the app to request a ride. Because Lyft is committed to safety and community, drivers go through a series of screenings, including background checks and car safety inspections.
Lyft doesn't fit into the traditional taxi or limousine model. Our government relations team works hard to create regulations that fit the needs of drivers and passengers, and, most importantly, keep everyone safe.
We've found that weekly summaries or annual earnings will suffice for most cases (for example, loan applications).
If you need to access a history of weekly summaries, log in to the Driver Dashboard and tap 'Driving History.' From there you can view your summaries and earnings by ride, day, week, and year. You can also view the GST/HST collected by Lyft as a line in your Weekly Summaries.
Tax summaries for Canadian drivers
Rideshare drivers are responsible for collecting and reporting goods and services taxes (GST). In some provinces this is called the harmonized sales taxes (HST). Learn more about GST/HST here.
You’ll receive a quarterly tax summary from Lyft. Your tax summary shows the taxes received and taxes you paid for the quarter, as well as your earnings.
We send the summary to the email on your Lyft account, within 30 days of the end of the quarter.
You can expect your email for each quarter by the dates below:
First quarter: sent by the end of April
Second quarter: sent by the end of July
Third quarter: sent by the end of October
Fourth quarter: sent by the end of the following January
Lyft does not currently provide T4A forms to Canadian drivers.
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