Lyft tax summary

Forum|Forum|4 years ago
April 18, 2022
1 reply
18 views

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?

Vanessa A

Level 15

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