I couldn't find any information on this, can I rid off of my taxes and where ?.
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You would take all expenses except that last one of $160 (because that is a reimbursement). The total expenses from the statement should be $4,954.75 for your 'other miscellaneous expenses' category.
Thank for clarifying it
What do you mean airport/city fees paid by Uber?
If the fees were included in the gross amounts reported to you on a statement on 1099-K, then they would be deductible as a business expense.
Tax Tips for Car Sharing Drivers
First of all, I did not receive 1099-K, as far as I made < 20k but 1099-MISC and Yearly Summary.
I'm confused about this line: All items marked with a * may be tax deductible. Please explain what that means ?. And which one I should
Currently, I have entered Gross Trip Earnings and Total Additional Earning (from MISC-1099) as income
I took the standard deduction based on online mileage (provided by Uber) + miles between pickups (personal calculation) as a result 8235$ are deductible + 600 cellphone expense, that it. The part I'm really confused is should I enter Uber Service Fee/Other Adjustment + Booking Fee + Airport and/or City Fee Paid by Uber or Subsidiaries as expenses?. Or which one I can deduct. I hope I'm clear this time. Thank you.
You would take all expenses except that last one of $160 (because that is a reimbursement). The total expenses from the statement should be $4,954.75 for your 'other miscellaneous expenses' category.
Thank for clarifying it
You are welcome 🙂
I thought Turbotax will take care of inserting those expenses automatically after I gave access to Uber account. But apparently, I had to do it manually. API integration could be batter, please pass my proposal to engineering team fro future consideration.
Will do. All comments suggestions are welcomed.
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