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If I use the commissions deduction for Lyft/Uber do I need to send them and the IRS a 1099-MISC?
I read that if you receive a 1099-K from them you'll enter it as Income on Schedule C but since the amount on the 1099-K is the gross amount not reflecting Uber/Lyft's commission I read that you would put those in the commission bracket a couple of clicks later in the app. Now, if one were to do that and utilize the commission deduction would you have to issue them a 1099-MISC and send one to the IRS too?
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‎June 6, 2019
9:02 AM