Most of what you need is provided in your Lyft account on your Lyft Tax Information page. You can also sign in to your account, look under the Driver heading, and select Tax Information. It’s okay if your Tax Info doesn’t include everything listed—not all drivers have the same forms and expenses.
If you're an Accelerate driver, always access TurboTax from your Lyft Driver Dashboard to get your Lyft discount. You can access TurboTax by selecting Tax Information or Accelerate Rewards pages in your driver dashboard.
To enter your income:
After you sign in to your TurboTax account, select the Take me to my return button.
Search for schedule c and select the Jump to link.
Answer the questions regarding your work with Lyft.
When asked to enter your income, follow these steps:
1099-MISC – If you have a 1099-MISC from Lyft, select and enter the info from your form.
Other self-employed income – Select and enter the combined total of the following:
If you have a 1099-K from Lyft, the amount in Box 1 Gross amount of payment/third party network transactions.
If you don’t have a 1099-K or 1099-MISC and need to report taxable earned income, your Gross Earnings amount from your Lyft Tax Summary.