1099-NEC making sure its all checked

So, did you claim your mileage before you filed?  If not, you might need to amend. 

 

With the Form 1099-NEC from DoorDash, you will need to enter the information in both Form 1099-NEC and Schedule C sections.  You would start from the 1099-NEC section under "1099-MISC and Other Common Income".  You would then follow prompts to tell the program you are filing a Schedule C.  As it creates a Schedule C for you, you will need to go to the Schedule C portion separately to confirm your income amount, add related expenses and complete required information. 

 

In TurboTax online, here are the steps: 

• Sign into your account, select Pick up where you left off
• From the upper right menu, select Search and type in 1099nec and Enter
• Select the Jump to 1099nec
• Follow prompts to complete the section

Then 

• From the upper right menu, select Search and type in schedule c and Enter
• Select the Jump to schedule c
• Next screen, "Your 2020 work summary" under your self employed business, select Review
• Continue to enter related expenses and other required information

 

 

 

 

Yes I did add in my mileage through the business income and expenses (Sch C) when I added everything it says -$196 

By $196, this must be what is remaining as taxable net income after adding in your mileage expenses. Please clarify if you are referring to the actual mileage. 

 

The standard mileage rate for 2020 was 57.5 cents per mile.

 

Standard mileage includes depreciation in the rate per mile that is deductible. It must be used the first year if you want to be able to choose between Actual or Standard. You must keep a log of business miles and purpose of each trip.

 

Actual expenses include depreciation, gas and maintenance.

 

For more information, see: Can I deduct mileage?

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