The money app built for Lyft drivers.
Auto-track every mile, capture every deduction, earn a higher yield on invested cash, and save for retirement automatically, all from one app.
Connects with the platforms you already use
Every mile, tracked
At the 2026 IRS standard mileage rate of $0.76/mi (Jul–Dec 2026; $0.725 Jan–Jun), business miles add up fast. Many gig drivers miss thousands in mileage deductions each year; Log each business trip in Gigaverse with one tap so the write-off is there at tax time.
Tips you keep
The No Tax on Tips deduction (2025-2028) lets eligible workers deduct up to $25,000 of reported tip income from federal taxable income. Your actual benefit depends on your tips, bracket, and eligibility, Log your tips and Gigaverse factors them into your quarterly tax estimate.
A retirement account that travels
The PRActicle™ is a portable Roth IRA opened through a FINRA/SIPC-member broker-dealer that will auto-save a percentage of every payout (coming soon). Contributions are post-tax, grow tax-free, and qualified withdrawals are tax-free. It follows you across every platform and client, no employer 401(k) required.
No more April surprises
Gigaverse calculates your quarterly estimated taxes and reminds you before each deadline.
Lyft Driver questions, answered
Does Gigaverse work with Lyft?+
Yes, connect Lyft (and any other platform you drive for) and see all earnings, tips, and miles in one place.
What can Lyft drivers deduct?+
Mileage at $0.76/mi (Jul–Dec 2026; $0.725 Jan–Jun), phone (business %), tolls, car washes, and more on Schedule C. Gigaverse categorizes expenses automatically. Your deduction depends on your activity.
Is the retirement account really portable?+
Yes. The PRActicle™ IRA (via a FINRA/SIPC-member broker-dealer) stays with you whether you drive for Lyft, Uber, or switch to something else entirely.
Lyft Driver deep-dive guides
Lyft Driver Taxes
Lyft pays you as a 1099 contractor with nothing withheld, so income tax plus self-employment tax are yours to manage. The deductions below are what separate drivers who keep their earnings from drivers who overpay.
Read the guideLyft Driver Retirement
Lyft offers no 401(k) and no match, building retirement is entirely on you. As a self-employed driver, though, you can open accounts with higher limits than most W-2 employees ever get.
Read the guideLyft Driver write-offs
Lyft drivers are 1099 independent contractors responsible for their own taxes, which means you also control every deduction available to a self-employed person. Knowing which write-offs apply to rideshare, and how to document them, can meaningfully reduce both income tax and self-employment tax.
Read the guideGigaverse is built for every kind of independent worker
Free calculators for lyft drivers
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On Android? Get the app on Google PlayGigaverse is not a bank. Brokerage services are provided through a FINRA/SIPC-member broker-dealer. Tax outcomes depend on your individual circumstances; Gigaverse does not guarantee any specific savings.