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jquion
New Member

Do I have to file my tax return as an Uber drier who only earned $4980 in gross income for the year ? (Net loss of about $2,000 if I include total expenses for the year)

 
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5 Replies

Do I have to file my tax return as an Uber drier who only earned $4980 in gross income for the year ? (Net loss of about $2,000 if I include total expenses for the year)

You had $7000 of Uber expenses?

Do I have to file my tax return as an Uber drier who only earned $4980 in gross income for the year ? (Net loss of about $2,000 if I include total expenses for the year)

YES ... you must file if you had gross income of $400 or more even if the net is a loss.  

Do I have to file my tax return as an Uber drier who only earned $4980 in gross income for the year ? (Net loss of about $2,000 if I include total expenses for the year)

and you cannot use TT Free.
jquion
New Member

Do I have to file my tax return as an Uber drier who only earned $4980 in gross income for the year ? (Net loss of about $2,000 if I include total expenses for the year)

I was leasing the vehicle for $500 a month, and if you include the insurance plus maintenance, gas, & parking expenses, then yes, the expenses amounted to more than my Uber income of $4980 for that particular time period.

Do I have to file my tax return as an Uber drier who only earned $4980 in gross income for the year ? (Net loss of about $2,000 if I include total expenses for the year)

You still need to file so that you can claim those expenses against that income. Was the vehicle used solely for Uber?

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