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
- Proof of income
- Tax summaries for Canadian drivers
- Save on filing your taxes with TurboTax
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.
As a driver on the Lyft platform, you're responsible for collecting GST/HST for the Canada Revenue Agency (CRA) and for filing GST/HST returns. Read more about about GST/HST for drivers here.
Lyft will send a quarterly tax summary by email to eligible drivers within 30 days of the end of each quarter. These summaries will include information about your earnings and ride stats for your tax purposes, as well as Lyft's GST/HST number.
Lyft does not currently provide T4A forms to Canadian drivers.
Drivers on the Lyft platform in Canada can save up to 40% on TurboTax Self-Employed.
This offer is currently only available to Toronto and Ottawa drivers and will be available to drivers in Vancouver in 2021. You must use the link below to claim this discount:
- How to register for GST/HST
- GST/HST info for drivers
- Set up bank and tax info to get paid
- How and when driver pay is calculated