You'll need to sign in or create an account to connect with an expert.
No, there's no limit. You report all the income you earned as a self-employed individual.
There is a certain
amount you have to make before you are issued (or issue) a 1099-K form
however. You must have made at least $20,000 or more before any 1099-K form is
issued to you.
As a driver for Uber, you should receive a 1099-K but only if the income earned was over the reporting limits for those forms...which is $20,000 for the 1099-K. However, just because you didn't reach those levels, you still must report that income to the IRS. The cost of the upgrade can be written off next year as a business expense.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
maxium222
New Member
gregguillory
New Member
KausBose
New Member
xgab38876
New Member
potentilla
Level 3
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.