- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
UBER said I won’t get a 1099 since I didn’t make more than 20,000. Is this correct and do I have to claim if under 20K?
Topics:
June 6, 2019
9:01 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
you have to claim any self-employment earnings over $400.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
June 6, 2019
9:01 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
No, that is not correct. A company should issue independent contractors earning more than $600. Uber generally does issue them along with a 1099-K.
However, even if you do not get one you will still need to file a return if you earned more than $400 in self-employment income. Since you are self-employed, you should be tracking your income and expenses and can easily file your return using the information you have. TurboTax has added a great feature this year for Uber and Lyft drivers.
To enter your Uber income
- Click on Federal
- Income & Expenses
- Scroll Down to Self-Employment and click
- Click Start next to Income and Expenses
- Answer YES to “Did you have any self-employment income or expenses”
- When you Enter Uber or Lyft when it asks you to “Tell us the type of self-employment work you do” TurboTax will customize your interview and will make it easy to enter all of your information.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
June 6, 2019
9:01 AM