turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Lyft tax summary

On my Lyft tax summary, it says ride payments with the amount and also non-ride earnings, non ride earnings is on 1099NEC, it matches, ride payments equal to 1099k. Where do I enter ride payments. What's the difference between ride and non ride?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
Vanessa A
Expert Alumni

Lyft tax summary

You will enter all income together.  You do not need to differentiate between ride payments and non ride payments. You can enter it all as one lump sum by selecting the following:

  • Federal
  • Income and Expenses
  • Show More next to Self-Employment
  • Start or Revisit next to Self-Employment
  • Yes, to you have any self-employment income or expenses
  • Enter the type of self-employment work you do
  • Click through a few more screens and you will get to a screen that says "Your XX info"
  • Click Looks good
  • Then you will come to a screen that says Let's enter the income for your business.  It will give you the option of 1099-NEC or Other self-employed income including the 1099K , cash and checks.  Select the one that applies to you and hit continue
  • If you do not select one, it will not let you enter your income
  • Enter your self-employment income on the next screen
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Lyft tax summary

Thanks

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies