That's correct. Uber drivers receive a 1099-K form for their income. However, there is no actual
place to enter a 1099-K form as the IRS doesn't require that actual form to be entered. (That form is just for information to assist
you.) You will report the total amount of income you earned in the General/Other
Income area for business.
You will file a Schedule C as a self-employed person.
The Schedule C will flow onto your individual income tax return (Form
1040) and be netted with other personal income and expenses.
How to get to that area: While inside the software
and working on your return, type Schedule C in the Search at
the top of the screen (you may see a magnifying glass there). There will
be a popup that says Jump to Schedule C. Select that to get
to the general area.
When you set up your business, you can use your own name, address, and
social security number. You can use 485900 (Other transit &
ground passenger transportation) for the Business Code. Also, please see
this link for more help. Tax Help for Uber Drivers
Then, when done with the Business Profile:
- then,
Business Income and Expenses
- select Edit next
to your business (if it is there already)
- scroll
to Business Income
You will enter the total off ALL of your gross income received. You
will see a screen for 1099-MISC if you received one, if not Skip it.
Also, there will be a screen after the 1099-MISC screen to enter Other
business income as General Income. Then, subtract off
expenses such as credit card processing fees and other ordinary and necessary
business expenses in following screens.
Also, this link may be helpful to you IRS Small Business Help Center .
