Here's a whole bunch of links I've collected
Tax Tips for Uber, Lyft, Sidecar and other Car Sharing Drivers FAQ
https://turbotax.intuit.com/tax-tools/tax-tips/Self-Employment-Taxes/Tax-Tips-for-Uber--Lyft--Sideca...
What do I need from Uber
https://ttlc.intuit.com/questions/3636642-what-do-i-need-from-uber-to-file-my-taxes
How to get the Uber Discount
https://ttlc.intuit.com/community/charges-and-fees/help/how-can-i-apply-my-uber-discount-to-my-turbo...
How to import from Uber
https://ttlc.intuit.com/questions/3776955-how-do-i-import-my-income-information-from-uber
And
https://ttlc.intuit.com/questions/3776831-how-does-importing-from-uber-work
Where to enter Uber Income
https://ttlc.intuit.com/community/uber-or-lyft/help/where-do-i-enter-my-lyft-uber-income/00/26804
How to enter expenses from the Uber Summary
https://ttlc.intuit.com/questions/3636641-how-do-i-enter-my-expenses-from-my-uber-tax-summary-in-tur...
You will need to file a schedule C in your personal tax return for self employment income. You will need to use the Self Employed Online version to fill out schedule C or any of the Desktop programs.
Here is some reading material……
IRS information on Self Employment….
http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Self-Employed-Individuals-Tax-Center
Pulication 334, Tax Guide for Small Business
http://www.irs.gov/pub/irs-pdf/p334.pdf
Publication 535 Business Expenses
http://www.irs.gov/pub/irs-pdf/p535.pdf
Self Employment tax (Scheduled SE) is generated if a person has $400 or more of net profit from self-employment on Schedule C. You pay 15.3% for SE tax on 92.35% of your Net Profit greater than $400. The 15.3% self employed SE Tax is to pay both the employer part and employee part of Social Security and Medicare. So you get social security credit for it when you retire. The SE tax is in addition to your regular income tax on the net profit.
You can enter Cash Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Self Employed version.
