Earning income driving for Uber is self employment income.
If you earned more than $400 net income (income less expenses)
working as a self-employed individual (or independent contractor), you must
file a Schedule C, business income and expenses with your personal return and pay self-employment tax of 15.3%.
If
you otherwise earned enough to file a return, you must report your
self-employment income, no matter how small.
To enter your 1099K from Uber:
·
Type in schedule c in the search
box, top right of your screen, click the magnifying
glass
·
Click
the jump to schedule c
ink in the search results.
·
Arrive
at the Your 2017 self-employed work
summary page.
·
Click on
the Edit button
·
Arrive
at the Here’s your info page
·
Click on
the Add income for this work button
·
Arrive at the Let's
get any additional income for page where you will see a radio button to add
1099-Misc income
·
Click on
the second radio button for Additional
income including 1099-K, cash, and check
income
To enter your expenses:
·
Type in schedule c in the search
box, top right of your screen, then click the magnifying
glass
·
Click
the jump to schedule c
ink in the search results.
·
Arrive
at the Your 2017 self-employed work
summary page.
·
Click on
the Edit button
·
Arrive
at the Here’s your info page
· Click on the Add expenses for this work button
Arrive at the Tell us about any expenses for page
