Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
jhiggy88
New Member

If I made an Uber Driver account but never made money/performed any rides - Do I need to report my 0 income to the IRS?

I made an uber driving account intending to use it as a side gig for extra cash but never ended up using it.  Will I still need to report to the IRS with a Form 1099-K or can I skip this come tax time?

1 Best answer

Accepted Solutions
Opus 17
Level 15

If I made an Uber Driver account but never made money/performed any rides - Do I need to report my 0 income to the IRS?

If you don't have income from the business, you don't have to report it.

If you have expenses but no income because you haven't started yet, you can't deduct them, but you may be able to deduct them as "start up costs" in the year you start making money.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

View solution in original post

2 Replies
VolvoGirl
Level 15

If I made an Uber Driver account but never made money/performed any rides - Do I need to report my 0 income to the IRS?

Did you get a 1099-K?  If you have no income or expenses you don't have to fill out schedule C for self employment.
Opus 17
Level 15

If I made an Uber Driver account but never made money/performed any rides - Do I need to report my 0 income to the IRS?

If you don't have income from the business, you don't have to report it.

If you have expenses but no income because you haven't started yet, you can't deduct them, but you may be able to deduct them as "start up costs" in the year you start making money.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

View solution in original post

Dynamic AdsDynamic Ads
Privacy Settings
v