I have a 1099 k I am a rideshare driver with Lyft, I cannot see where to add my mileage. My tax went up when I only earnt $800 with LYFT

HarryLong — Wed, 05 Jun 2019 21:15:03 GMT

As a business owner or self-employed individual, you can...

TeresaM — Wed, 05 Jun 2019 21:15:05 GMT

As a business owner or self-employed individual, you can enter either the standard mileage rate or the actual cost method, which tracks what you paid for gas and maintenance.

To use the standard mileage rate, you must keep a log of each trip with miles driven during the first year your vehicle is used for business. After that, you can either go with standard mileage or actual cost (unless you lease, in which case you must stick with standard mileage for the duration of the lease).

To enter vehicle related expenses:

In the Self-Employed Turbo Tax version with the Federal Taxes tab at the top
Click on the Federal Taxes tab
Click on Income and Expenses
You may see a prompt for Self-Employment, but if not
Click on Check for More Income and See All Income
Scroll down to the Self-Employment section with the blue person icon
Click on Show More
And Start or Edit.
Scroll down past Expenses line and click on the blue
Add More Expenses for this work button
Click on the circle for Vehicle Expenses
Click on Continue at the bottom

The vehicle expenses have a series of questions and you can choose to use either a cost per mile or use the actual costs for the vehicle (including gas) and the next page has tolls and parking. There are more expense categories on the Add Expenses page if you click on the blue triangle next to Less Common Expenses for legal and professional fees, commissions and much more.

In the Self-Employed Turbo Tax version with the Business tab at the top
Click on the Business tab
Then Continue and I'll choose what to work on
Update your Profit or Loss from a Business
Click on the Edit button for the name of your business
Under Business Expenses, with the blue bar graph icon,
click on Update or Start for Business Vehicle Expense

click here for more tax tips for drivers

topic I have a 1099 k I am a rideshare driver with Lyft, I cannot see where to add my mileage. My tax went up when I only earnt $800 with LYFT in Deductions & credits

I have a 1099 k I am a rideshare driver with Lyft, I cannot see where to add my mileage. My tax went up when I only earnt $800 with LYFT

As a business owner or self-employed individual, you can...