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New Member

What does using cash method for uber mean ?

im trying to file my uber income and dont understand the meaning of cash method
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Employee Tax Expert

What does using cash method for uber mean ?

Cash basis refers to a accounting method that recognizes income and expenses at the time physical cash is actually received or paid out.

Most taxpayer's use the cash basis for reporting income/expenses for their business.

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Highlighted
Employee Tax Expert

What does using cash method for uber mean ?

Cash basis refers to a accounting method that recognizes income and expenses at the time physical cash is actually received or paid out.

Most taxpayer's use the cash basis for reporting income/expenses for their business.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post