Important Tax Changes for DoorDash Drivers in 2023
In 2023, a few noteworthy changes may influence how DoorDash drivers record their taxes:
The $600 edge for 1099-K: Beginning in 2023, if you win $600 or more through third-party instalment processors (such as DoorDash), you’ll get a 1099-K form. This is a vital modification from the past $20,000 threshold.
New mileage rate: The IRS standard mileage rate in 2023 is 65.5 cents per mile, up from 58.5 cents in 2022. This change suggests that you can deduct more per mile driven for your DoorDash conveyances.
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