Based on my calculations in the equation above, I would be able to deduct $470 from my income based on the tax deductions. That leaves $530 for taxes. Using the formula above, my average tax rate for my Lyft salary and Uber salary is hovering around 25%.his will go under self employment income, subject to self employment taxes (social security and medicare). Lyft says there are two different situations they will be sending you a 1099: 1  Received more than $600 directly from Lyft (1099-MISC). 2  Lyft salary exceeding $20,000 and more than 200 Lyfts in one year (1099-K).
The average electricity consumption of a US family of four is in the neighborhood of 50 kWh per day, or 1,500 kWh per month. Similar figures apply for Canada. Assuming an average electricity cost of $0.12 per kWh, that translates into about $6 per day for electricity, or $180 per month.nd the consumption of individual households can be quite far from that average. As I explain in my About me page, my family of four got our household use down to 180 kilowatt hours a month which is about one sixth the average of my home province of Ontario.
With about 110,000 transactions per day, that works out to 1.57 households daily usage of electricity per Bitcoin transaction. Yes, every time you buy something in Bitcoin, you could be using as much electricity as 1.57 American families do in a day.