What I wish I had know about my 1099-K. Is how that driving for uber and lyft can actually make an impact of income and is actually considered for such. Now that I know this I will use the knowledge I've gained to better my taxes for next year. No way I wouldn't make a positive impact of my taxes, it's a for sure thing. Ps. But more of a side note. Remember that taxes taken out for employment isn't done for self employed so to keep a record to help you better kept track of it.