Yes. You will need to report the income in order to deduct your expenses. You can include this income directly onto schedule c. Please follow the directions below to enter your income into Turbo Tax Online.
-
Sign in to your
account.
- Click take me to my
return.(unless already in return)
- Click my account, at
the top of the page.
- Select tools in
the drop down menu.
- Click topic search,
type in schedule c and click go.
Please view the Turbo Tax FAQ below for some helpful tips on reporting deductions.
https://turbotax.intuit.com/tax-tools/tax-tips/Self-Employment-Taxes/Tax-Tips-for-Uber--Lyft--Sideca...