You'll need to sign in or create an account to connect with an expert.
I assume that Lyft was not withholding taxes for your return, but was paying some tax for you.
Report these taxes as Taxes on your Schedule C.
As an aside, you should report your gross income on Schedule C, not the net income that Lyft gave you. Anything that Lyft took out should be deducted by you in the appropriate expense category on Schedule C. In this way, you don't pay tax on money you never received.
It was withheld for taxes said paperwork was not right it says on 1099-m to put down as taxes paid.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
joanyang19
New Member
little1st238
New Member
bobarslan4567
New Member
Tblissing
New Member
Raph
Community Manager
in Events