How to File Taxes for DoorDash Drivers | Write-Offs, Deductions, and More!

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  • Опубліковано 30 лис 2023
  • File your DoorDash driver tax return for just $80 with DoorDash tax specialist. Limited spots available! Click here to secure yours: instaccountant.com/uber-drive...
    As a DoorDash driver, it's important to understand your tax obligations and how to maximize your deductions. In this informative video, I will break down everything you need to know about filing taxes as a DoorDash driver in Canada, in a way that's easy to understand.
    What You'll Learn:
    ➡️ How to determine your tax status as a DoorDash driver
    ➡️ How to report your DoorDash income on your tax return
    ➡️ What expenses you can deduct as a DoorDash driver
    ➡️ How to deal with HST as a DoorDash driver
    This video is designed to help you understand the basics of taxes for DoorDash delivery drivers in Canada, but it's not a substitute for professional advice. Always consult a qualified tax professional before filing your taxes.
    ----------------------------------------------------------------------------------
    Save taxes by using Zoombooks, it's FREE... Zoombooks is an expense tracking and bookkeeping app for rideshare and delivery drivers (Uber, Uber eats, Doordash, Amazon etc). Don't miss a tax deduction ever again, use Zoombooks.app!
    Download FREE: linktr.ee/zoombooks.app
    ► Other videos about taxes for rideshare and delivery drivers that might interest you:
    How Uber Drivers are Taxed in Canada • How to File Taxes for ...
    Taxes for UberEats & Food Delivery Drivers • ACCOUNTANT EXPLAINS: H...
    Filing Your Skip The Dishes Taxes • How to File Taxes for ...
    Tax Deductions for Instacart Canada • How to File Taxes for ...
    If you want to learn more, you can check out these blogs:
    ✅ Tax Benefits to Leasing vs Buying a Car instaccountant.com/canada-fin...
    ✅ GST/HST Rules for Uber Drivers in Canada instaccountant.com/gsthst-can...
    I hope you find this helpful. Please like and subscribe for more videos like this.
    ----------------------------------------------------------------------------------
    Connect with Murtaza Bhatti for a Free Consultation:
    📞 Phone: +1 647-243-2884
    📧 Email: info@instaccountant.com
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    About the Publisher:
    Hello, my name is Murtaza and I'm an expert accountant who loves to make Canadian taxes easy. I have a strong passion for helping individuals in the delivery and rideshare industry, including Instacart, Skip The Dishes, DoodDash, UberEats, and other self-employed individuals. Don't miss this opportunity to get expert guidance from a Canadian accountant who understands the challenges and opportunities of the gig economy.
    Disclaimer:
    This video is for educational purposes only and does not constitute financial, investment, tax, or legal advice. Always consult a professional for personalized guidance tailored to your specific circumstances.

КОМЕНТАРІ • 42

  • @user-gb7tc7ew4z
    @user-gb7tc7ew4z 3 місяці тому

    Hi my son work for skip the dishes and they give a T4A we put that in the T4’s form as the other ones he have of another 2 jobs and also we need to do a T2150 for the expenses? Thank you for what you do for the channel you are very good explaining everything

    • @instaccountant
      @instaccountant  3 місяці тому

      You’ll need to fill T2125 form to report your skip the dishes expenses.

  • @justinvo6681
    @justinvo6681 2 місяці тому

    Which boxes do I need to fill out for T4A DOORDASH?

  • @rappy90
    @rappy90 6 місяців тому +3

    So if we're doing uber eats and door dash can we just add the income of the two together and use the one T2125? I would assume only one is required since most run both apps at the same time and put the same recorded miles on the vehicle. Also I only have the door dash payout each week, it doesnt break down the tips and base pay, is that a big deal since the total income is still there?

    • @instaccountant
      @instaccountant  6 місяців тому +1

      Yes you can use one t2125 for both income. It's better to have tips separate, but total income will work in case of door dash.

  • @old_redlk3319
    @old_redlk3319 3 місяці тому +1

    Hello I have a question. I work for Doordash and I was wondering if estimated quarterly tax payments are mandatory or if they are the same thing as filing my taxes once a year (April 15th)?

    • @instaccountant
      @instaccountant  3 місяці тому +1

      If you are HST registered then you have to file quarterly or annually depending on your situation.

  • @kevinmandara5186
    @kevinmandara5186 Місяць тому

    I have a LLC for a photography business that I’m not active with for several years now. Can I set the DoorDash under that so I don’t have to learn another way to do my taxes.

  • @fassiawan3356
    @fassiawan3356 Місяць тому

    What is the deadline for tax file of door dash and skip the dishes driver??

  • @HerDepressionFriend
    @HerDepressionFriend 3 місяці тому +1

    I haven’t kept any receipts or record. However i can check my bank statements for gas expense and insurance as well. Can i just put the estimated amount? Will this be any issue?

    • @instaccountant
      @instaccountant  3 місяці тому

      Try to estimate your expenses based on your average mileage, fuel costs, and other regular expenses.

    • @yosunii
      @yosunii 2 місяці тому

      mommy?

  • @frankdascoli-gx3xl
    @frankdascoli-gx3xl 3 місяці тому

    Hi. My accountant said i can't use mileage deduction. It is for federal employees. I can only deduct car expenses for car, not mileage.

    • @instaccountant
      @instaccountant  3 місяці тому

      You should claim all your car and other related expenses on actual basis, that saves more tax.

    • @frankdascoli-gx3xl
      @frankdascoli-gx3xl 3 місяці тому

      The .68 cents per km for 1st 5000 km and 0.64 cents for anything over does not apply for self employed uber eats, doordash etc... workers.

  • @banusuresh226june6
    @banusuresh226june6 3 місяці тому +1

    How much maximum tax percentage for door dash any answers please

    • @instaccountant
      @instaccountant  3 місяці тому

      You'll pay tax based on your total income after deductions.

  • @simonlai1367
    @simonlai1367 2 місяці тому

    How can I ask DoorDash to claim the HST? Since there is no option in the app and their website. Thank you

  • @jordancardenas2309
    @jordancardenas2309 4 місяці тому +1

    Is there a way were Doordash support can send you a document that says all your expenses, mileage, etc..????

    • @instaccountant
      @instaccountant  4 місяці тому

      Unfortunately, no, you have to keep track yourself.

    • @old_redlk3319
      @old_redlk3319 3 місяці тому +2

      Yes! Doordash emails you your estimated miles driven every year around late February. But again, it is only an estimate.

  • @Rohan-fj2mr
    @Rohan-fj2mr 3 місяці тому

    What are the deductions if we are using bicycle for door dash

    • @instaccountant
      @instaccountant  2 місяці тому

      All your expenses related to bicycle and others mentioned in video

  • @juliussantiago6658
    @juliussantiago6658 2 місяці тому

    i didn’t keep my receipts. Can I use my bank statement to support it?

    • @instaccountant
      @instaccountant  2 місяці тому

      Try to estimate your expenses based on your average mileage, fuel costs, and other regular expenses.

  • @Chasingmaxprizes9472
    @Chasingmaxprizes9472 4 місяці тому +3

    What do I do if I never keep up with nothing

    • @instaccountant
      @instaccountant  4 місяці тому +1

      Try to estimate your expenses based on your average mileage, fuel costs, and other regular expenses.

    • @Chasingmaxprizes9472
      @Chasingmaxprizes9472 4 місяці тому

      @@instaccountant on what app? Turbo tax?

  • @CuzOfSteve
    @CuzOfSteve 2 місяці тому +1

    Do doordashers need to do quarterly taxes or yearly?

    • @instaccountant
      @instaccountant  2 місяці тому

      If you are HST registered then you have to file quarterly or annually depending on your situation.

    • @CuzOfSteve
      @CuzOfSteve 2 місяці тому

      @@instaccountant I am not HST registered, dont know what that is. I am just wondering if Doordashers have to pay taxes quarterly.

    • @instaccountant
      @instaccountant  2 місяці тому +1

      @@CuzOfSteveif your income exceeds $30,000, you are required to register for HST.

  • @SabinMagar-fu6pw
    @SabinMagar-fu6pw 6 місяців тому +1

    Hey, I am doing both doordash and uber eats.
    As a self employed while filling the tax, I have question related to the accountant fees.
    My accountant charges fees to do tax filling individually for my Doordash and Uber Eats income. As both are a corporation.
    So i get charged $650 for doordash tax filling and another $650 for Uber Eats.
    Can you tell me if this is how all accountant work or is it just mine?
    Thank You

    • @instaccountant
      @instaccountant  6 місяців тому

      For the information you provided, yes you can absolutely file a single return for both your DoorDash and Ubereats earnings (cost effective too).
      The fees could be a bit more reasonable, but I can't say much about if your are being charged more or less without having a complete understanding of your specific situation.

    • @rappy90
      @rappy90 6 місяців тому

      You could probably manage to file yourself too if you really wanted to learn. They got plenty of videos on filling out the forms

    • @SabinMagar-fu6pw
      @SabinMagar-fu6pw 6 місяців тому +1

      @@instaccountantThere is no any other complicated situation. It is just a regular tax return. That is why i think the accountant charge is not reasonable at all.

    • @SabinMagar-fu6pw
      @SabinMagar-fu6pw 6 місяців тому +1

      @@rappy90I will reasearch about it. But thanks for info😊

    • @instaccountant
      @instaccountant  6 місяців тому

      Get a second opinion to compare fees if you're concerned. @@SabinMagar-fu6pw