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Level 3
April 18, 2022
Solved

1099K from Lyft

  • April 18, 2022
  • 1 reply
  • 2 views

I did not receive a 1099 misc form from lift, but I did receive a 1099NEC and 1099K. Where do I enter the amounts from 1099K?

    Best answer by ZoltanB45

    First thing you need to know is whether the amount of the 1099-K is included in the 1099-NEC. If it is, then disregard it. You can always just add up the income you had for a particular line of work, and just enter it in the self-employment income section, without entering various 1099's. As long as the income equals the amount of 1099's received (as long as your business income was all in the form of a 1099), you would be fine. 

    1 reply

    ZoltanB45Answer
    Level 9
    April 18, 2022

    First thing you need to know is whether the amount of the 1099-K is included in the 1099-NEC. If it is, then disregard it. You can always just add up the income you had for a particular line of work, and just enter it in the self-employment income section, without entering various 1099's. As long as the income equals the amount of 1099's received (as long as your business income was all in the form of a 1099), you would be fine. 

    Level 3
    April 21, 2022

    Thanks