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Yes, in most cases you are a cash-basis taxpayer, and you use the same method for your Uber/Lyft business. If you used accrual method, you would know and recognize this.
Report the gross income that was paid to you. The fees that were deducted should be reported as a business expense.
Yes, in most cases you are a cash-basis taxpayer, and you use the same method for your Uber/Lyft business. If you used accrual method, you would know and recognize this.
Report the gross income that was paid to you. The fees that were deducted should be reported as a business expense.
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