Uber gave me a electronic tax summary, what do i enter this under to do my taxes correctly.
it isnt a 1099 misc or 1099 k
022909
2 Replies
AnthonyC
Level 7
Jun 6, 2019 9:55:37 AM
You will enter your Uber income summary as self-employed income (and expenses) for Schedule C without Form 1099 by following the instructions below -
Log into your account and click Take Me To My Return (you must click this before searching if you are not already in your account)
Type “Schedule C" in the search box, top right of your screen, then click the magnifying glass
Click the "jump to schedule c" link in the search results.
You will arrive at the Your Business summary page where you can add/edit a business
If you have not set up your business profile, the program will ask you a series of basic questions to establish your profile
Follow the onscreen instructions to enter your business income and expenses
For entering income, there will be two main sections: one specifically for income reported on a Form 1099-MISC and one for all other additional income (including cash, checks, or income reported on a Form 1099-K). There is an additional section for uncommon income, but you will use "all other additional income.” See screenshot below.
You will enter the gross receipts as presented on your tax summary under this all other income section
After entering your income, you can proceed to the expenses section to deduct any business expenses for the Uber Income (such as mileage and platform fees - some of these fees will be on your tax summary)
See some of the following articles for advice and tips on your Uber income and filing tax returns as a self-employment person: