Estimate your operating costs, cash flow, cost per mile, profit per mile and potential business deductions.
True Costnot just fuel
Educational estimate: This calculator is not tax, legal or accounting advice. Tax treatment depends on your facts, records, vehicle arrangement and current law. Confirm deductions with a qualified tax professional.
1
Your driving
Start with the numbers that define your work.
Use the earnings figure that matches the expenses you enter. If your platform statement shows gross customer payments before platform fees, include those fees below.
2
Your vehicle
The fields below adapt to your setup.
The full loan payment affects cash flow, but principal repayment is not the same thing as a deductible vehicle expense. For economic cost, this calculator uses depreciation + interest rather than counting the full payment twice.
3
Operating expenses
Enter what applies. Leave anything else at zero.
Vehicle & energy
Rideshare business
YOUR RIDESHARE SNAPSHOT
The numbers behind the miles
True economic cost / mile$0.00Includes depreciation where applicable
Cash cost / mile$0.00What leaves your pocket
Earnings / mile$0.00Before entered expenses
Estimated profit / mile$0.00After economic costs
Economic profit$0For selected period
Cash left after expenses$0Before income/self-employment taxes
Where each $1 of rideshare earnings goes0%
Enter your numbers to see your true cost.
4
Potential tax deduction comparison
A planning estimate — not a tax return.
Standard mileage method
Estimate
$0
Business miles × the mileage rate you entered, plus separately entered business parking/tolls and non-vehicle business expenses.
Actual expense method
Estimate
$0
Estimated business-use share of eligible vehicle expenses, plus separately entered non-vehicle business expenses.
Possible rideshare business deductions may include: qualifying vehicle expenses or standard mileage, business parking and tolls, platform fees, the business portion of phone/data, driver apps, certain supplies, permits/inspections, and other ordinary and necessary business expenses. Depreciation and vehicle financing have special rules. Rental and lease arrangements can also require different treatment.