348864
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

kantor-n
New Member

Made less than $50 on 1099K for Uber driving - Still need to report?

And if so, do I have to upgrade the Turbotax edition even if it was $41 worth of income?
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.

1 Best answer

Accepted Solutions
PaulaM
Employee Tax Expert

Made less than $50 on 1099K for Uber driving - Still need to report?

Uber income is considered self-employment income and would flow to Sch C. Sch. C is supported by Home & Business.Home & Business is were you can take extensive deductions.

If you have only minor expense (phone use and < $100 other expenses), you can use Deluxe or Premier.

If you only need to report the minor income and no expenses, you can list that in the Less Common Income section,Miscellaneous Income. 

Tax tips for Uber drivers

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

3 Replies
PaulaM
Employee Tax Expert

Made less than $50 on 1099K for Uber driving - Still need to report?

Uber income is considered self-employment income and would flow to Sch C. Sch. C is supported by Home & Business.Home & Business is were you can take extensive deductions.

If you have only minor expense (phone use and < $100 other expenses), you can use Deluxe or Premier.

If you only need to report the minor income and no expenses, you can list that in the Less Common Income section,Miscellaneous Income. 

Tax tips for Uber drivers

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
kantor-n
New Member

Made less than $50 on 1099K for Uber driving - Still need to report?

Hi Paula, thanks for the help. So to keep it simple I could just use the basic version and just report that under Less Common Income and not report any expenses, correct?
PaulaM
Employee Tax Expert

Made less than $50 on 1099K for Uber driving - Still need to report?

Correct. Deluxe version.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question