Hello, everybody! It's been a few weeks since I've e-filed my tax return, but I was very sick at the time and my head wasn't in the game so to speak, leading me to make a silly mistake that may or may not bite me.
Since UberEats didn't provide me with a 1099-K or NEC, I had to make do with the end of fiscal year tax chart. I checked it, typed in both my gross income and expenses, and called it a day. Now, unfortunately, since I'm an idiot, I forgot to itemize the deductions across my Schedule C and only entered the lump sum on the first page on Line 10, making the amount $4385 instead of spreading it out like the following:
Uber Service Fees: $4348
Sales Tax and other Taxes: $20
Other Miscellaneous Charges: $17
Should I be leaving this be, or should I go ahead and amend it? If I were to go with the latter option, my tax liability wouldn't change at all, so I feel like it'd be unnecessary but considering that I just made such a dumb error, I'm honestly not sure if I should trust my gut. I went online and saw that a few others decided to lump sum their expenses as well, without any issues apparently, but I honestly don't know. Any suggestions?
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You don't have vehicle expenses? I don't think putting the sales tax on the wrong line is significant here (it may be technically wrong but the dollar amount is so small and it won't change your tax owed), but I want to make sure you are also deducting your car expenses if you have them.
Thank you for being concerned, but you don't need to worry! I already deducted my business mileage and have substantial proof backing it up in case of a future audit.
If you don't think it's a significant difference, would it be fine to just leave it as it is then? I just want to be prepared in case I ever get a notice in the mail asking for proof for my deductions. Sorry, I'm very detail-oriented and I really don't want to have my deduction reduced just because I accidentally included a few extra dollars.
I am not an IRS agent, but I don't think you need to amend to change the location where $37 of expenses were reported since it won't change your net earnings or tax.
The chart that Uber provided me with is 1:1 with the info on the Schedule C's, so I've at least got the data backing me up. I also made sure not to claim ANYTHING that I wouldn't be able to deduct (like home office expenses). Thank you for the reassurance, I feel better already!
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