No, you can include both amounts under one Schedule C business. For example, your business will be Driving Services or Ride-Sharing and then you can include the total income for both 1099Ks and your related expenses for both services under one Schedule C.
You can enter your driving income as self-employed income/expenses for Schedule C by following the instructions below -
- Log into your account and click Take Me To My Return (you must click this before searching if you are not already in your account)
- Type “Schedule C" in the search box, top right of your screen, then click the magnifying glass
- Click the "jump to schedule c" link in the search results.
- You will arrive at the Your Business summary page where you can add/edit a business
- If you have not set up your business profile, the program will ask you a series of basic questions to establish your profile
- Follow the onscreen instructions to enter your business income and expenses
- For entering income, there will be two main sections: one specifically for income reported on a Form 1099-MISC and one for all other additional income (including cash, checks, or income reported on a Form 1099-K). There is an additional section for uncommon income, but you will use "all other additional income.” See screenshot below.
- After entering your income, you can proceed to the expenses section to deduct any business expenses for the Uber Income (such as gas and platform fees)
See some of the following articles for advice and tips on your Uber income and filing tax returns as a self-employment person:
