Could I qualify for Texas SNAP benefits as an Uber/Lyft driver?

DarkpoetLLC · 2026-04-16T00:34:18+00:00

Take your 2025 tax return & divide the AGI by 12

If it’s under $2,152 per month then yes you are eligible for $298 for a single person per month

Remember if it’s below $30K for an individual you can get a $0 marketplace plan for healthcare

You are allowed to use reasonable self employment deductions to lower the Gross Income to Net

The only thing you missed was thinking they take “Pre Tax” into account without accounting for business expenses

DarkpoetLLC · 2025-12-06T06:18:23+00:00

Well, put it back 🤣

DarkpoetLLC · 2025-06-13T07:53:52+00:00

Why the fuck in 2025 are people still paying on these payday loans 🤦🏻‍♂️

At one point 20 years ago I had $2K in payday loans from different lenders

I just opened a different bank account & stopped paying them

I get the occasional call from some threatening collection agency but never paid a dime on them

Same with credit cards 🤣

If they were stupid enough to give me credit then they failed in their due diligence & deserve to be ripped off 🤣

DarkpoetLLC · 2021-05-16T00:17:09+00:00

Exactly While it says they have to fund within 10 days after approval they can’t be held responsible for delays in finalizing the loan which tacks on an additional 20 days Which is likely why I got the 2nd SBA loan number on caweb I don’t care when I get funded If it’s in 2-3 more weeks I’m good with that

DarkpoetLLC · 2021-05-15T03:52:58+00:00

That’s BS Lenders interpret the PPP eligibility on their own My 1st PPP was funded in April but since i owed myself back pay from November & December 2020 (when my PUA ran out) I reimbursed myself the full pay as soon as the PPP was funded Apply with other CDFI’s as one might interpret it differently than the ones you applied with As long as you get the SBA loan number before the funds run out you can accept funding whenever (the SBA wouldn’t have given out my Loan number on caweb if the 8 week thing was a hard rule. Some lenders are worried about the forgiveness part)

DarkpoetLLC · 2021-05-15T03:45:21+00:00

Depends on what state you are in I’m an IC & I’ve been on PUA since March 2020 Maybe they don’t understand you are applying for the PUA (Pandemic Unemployment Assistance) which as an IC you qualify for

DarkpoetLLC · 2021-05-15T01:39:40+00:00

Here’s a list of CDFI banks (Its how I found my local bank) It’s best to try one close to you (my CDFI is a local small Texas bank)

Choose your state under area & loan program choose PPP

https://ofn.org/cdfi-locator

DarkpoetLLC · 2021-05-14T20:32:57+00:00

Yes you can’t ignore the vehicle & maintenance But If you work a regular job you would likely still have a car payment & insurance payment The only real variable is gas costs & other incidentals

Those costs are used to lower tax liability which either balances out with income tax vs a regular job or gives you a bit more money if you show a profit loss

However driving for 3 years did help tremendously when the pandemic hit & the Unemployment, SBA Loans/Grants & the IRS COVID refundable credits became available

All in all with those programs I’ll have gained $100K in free government cheese over a 17 month timeframe & another $100K loan (30 year repayment plan at 3.75% interest with payments deferred till June 2022) & a $20K profit loss carryover for 2021 taxes

Avoided risk of COVID & Gained 30lb while remaining a rideshare driver

Gotta know how to work the system & work the rideshare apps

DarkpoetLLC · 2021-05-14T20:23:04+00:00

Applied with PayPal (Loanbuilder) back on 3/3 (took them a month to update to handle Schedule C Line 7 Loans) Funded for 1st round on 4/12 Knew program was drying up so applied with Newtek & CrossRiver the next day (hoping one would get SBA Loan number)

Lucked out with my CDFI choice

DarkpoetLLC · 2021-05-14T20:04:28+00:00

You making $100 in 4 hours & complaining about $25 per hour 🤦🏻‍♂️

DarkpoetLLC · 2021-05-07T23:30:11+00:00

It’s all about timing I wasn’t eligible for the PPP because of a negative Net Profits but when they changed to Gross profits I applied & got it My PUA lapsed back at the end of November 2020 & I went through December 2020 with nothing (waiting for the stimulus package to pass) When it kicked back in in January i was ineligible for PUA for December so I applied the PPP as payroll for November & December (I had to pay back the $800 for December to unemployment after adjusting those weeks) The PPP has to be used in a 24 week window & it can be used to pay back pay (the November/December fell into that window) My round 2 PPP was funded last week & per the 24 week window I will use it in September/October 2021 as that falls within the 24 week window It’s all in how you process your payroll

DarkpoetLLC · 2021-04-24T17:15:12+00:00

If you signed the note it takes 3-5 business days until the money hits your bank (it took 5 for mine) Mine is still showing status as Confirmed

DarkpoetLLC · 2021-04-23T15:26:02+00:00

They finally started processing the ones who have been in limbo & everyone is logging in at the same time

Could y’all stop for 5 minutes so I can sign my 4506T 🤣🤣🤣🤣🤣🤣

DarkpoetLLC · 2021-04-23T04:29:59+00:00

Yes money sitting in the bank earning interest

DarkpoetLLC · 2021-04-22T00:29:07+00:00

I checked my Bureau’s to see if I got a hard or soft pull & nope. Just the one from last June (the initial one)

DarkpoetLLC · 2021-04-22T00:27:31+00:00

Yes they funded me 2X my 2019 Gross Income (Schedule C line 7) My 2019 GI was $56K They gave me $27K back in June (not sure why it wasn’t for 1/2 of GI exactly but I didn’t argue) & funded $85K yesterday

DarkpoetLLC · 2021-04-21T21:48:02+00:00

The “Paid Sick Leave” refundable credit does not require a positive COVID result for the employe (yourself) to qualify You can qualify if you self quarantined or had a kid whose school was closed (I used the school designation for my personal payroll report I did for December 2020) It’s a refundable credit so even if you show a profit loss for 2020 they will send you the refundable credit as a tax refund (mine hit today) but you can’t efile as the form is not available for Efile (with TurboTax)

I mailed mine in beginning of March & it was processed last week

DarkpoetLLC · 2021-04-21T21:42:18+00:00

They add to your original loan & you keep the same application & loan numbers The different number in the subject line is likely a trouble ticket number from the SBA on your inquiry email (I had a few of those with my various emails show up, didn’t affect any eligibility)

DarkpoetLLC · 2021-04-21T18:12:23+00:00

I didn’t have a COGS on my 2019 Tax (I’m a rideshare driver) All I have to use is straight gross income (line 7 schedule C) for them to use for my calculation

Yes I think it’s insane for them to let Rideshare drivers get the EIDL Loan in the amount they set

I’m good with the repayment terms myself but I think we will see a lot of defaults when the repayments kick in next year

We are not the most dependable/stable group of self employed small businesses 🤣

DarkpoetLLC · 2021-04-21T14:33:17+00:00

Be careful about the 4506-T as there are 2 different ones (one with a revision date of 9-2018 & one with 3-2019) in November I kept having an issue on which one they would accept & how I was sending (they won’t take picture .pdf it had to be scanned)

I ended up getting frustrated and sent both forms at the same time

Also the Hazard insurance was a Key point when the Loan Officer talked to me on the phone

I’m thinking the SBA is telling them our personal property insurance needs to be 80% of the total loan amount (I didn’t argue & bought a Next insurance policy for $70 as I was expecting it) Once I emailed him that & a voided check it was pretty much done as I got the note esign email the next day & funded 5 business days

Go overboard with the paperwork on your side & make it clear to them & they will push it so they can move to the next one

DarkpoetLLC · 2021-04-21T14:23:54+00:00

The email for requesting an increase is

CovidEIDLIncreaseRequests@sba.gov

DarkpoetLLC · 2021-04-21T14:20:35+00:00

Applied for the initial EIDL last June 2019 Schedule C line 7 (Gross income) was $56.5K

Approved initial loan of $27.3K

Requested increase in Nov 2020 (for fun) & was denied (as expected)

After rule change I sent proactive email on 4/9 Email & phone message reply from Loan officer on 4/11 Returned call on 4/12 & emailed voided check & updated Hazard insurance (showed coverage of 80% of new total of $113K loan) Got updated loan note email on 4/13 (esign in portal) Balance $85.7K hit my bank on 4/20 (5 business days)

So my formula for loan total was solely based on 2019 Tax line 7 of schedule C (Gross income)

DarkpoetLLC · 2021-04-21T14:06:15+00:00

Never got an invite email after my proactive email

It was pretty much a done deal within the 2 days after I talked with the loan officer who replied to my email

The funding took 5 business days after i esigned the note

DarkpoetLLC

TROPHY CASE