Uber will report your earnings on two forms:
*** Ridesharing companies are required to issue 1099-Ks to drivers who earned more than $20,000 for the year and received more than 200 payments. And they’re required to send 1099-MISCs to drivers who made $600 or more in referrals and other income.
Uber, however, provides both documents to all of its driver-partners to remind them about reporting their income and to help make filing their taxes easier. Whether you receive 1099s or not, you’re required to report and pay taxes on all the income you receive from your ridesharing service.
Uber drivers receiving a 1099-K for the first time often are surprised to see that the income reported is greater than the amount they actually received in payment.
In fact, Uber makes it easy to deduct the correct amounts by providing a “1099-K Breakdown” on its tax summary page. This gives you the totals for:
The tax summary also provides annual amounts for “other items” included in the 1099-K gross amount, including the Uber fee and your device subscription amount.
The information is from the following article - https://turbotax.intuit.com/tax-tips/self-employment-taxes/how-to-use-your-uber-1099s-taxes-for-uber...
And more information on reporting Uber income and expenses can be found here - https://turbotax.intuit.com/tax-tips/self-employment-taxes/tax-tips-for-uber-lyft-sidecar-and-other-...