What do I enter for Business Name if I am a driver for Uber, Lyft and Fasten ride share programs

[bradcorbett1]

Do I put my own name down for the Business Name, or do I put Uber and the Uber address name and the Uber EID number down?  If so, what about Lyft and Fasten payment that I need to report?

[Coleen3 · Accepted solution]

You can create a name for your business if you choose, but since Schedule C flows to your personal return, most people just use their own name and home address.

[bradcorbett1]

What about the EID?  Do I use my name for the business and then use the EID that Uber has on the 1099 form they sent me?

[Coleen3]

You, ass a driver, do not need an EIN. If they sent you a 1099-Misc, you will enter the EIN for them where appropriate. If they sent you a 1099K, you would not enter it in the 1099-Misc area. Follow these steps:
• Click on Federal Taxes on the top row of TurboTax Self Employed Online.
• Click Wages & Income
• Under All Income, click Show all income
• Scroll to Self-Employment, click Start
• Click Yes to Did you have any self-employment income or expenses?
Enter any income from sales or services that weren't reported on Forms 1099-M

[dmbieber]

I applied for an EIN for free at IRS.gov.  I wanted it to use that instead of my SSN everywhere.  I set it up with my name, Transportation, Rideshare.  I am going to use the EIN for Sixt Rentals and Self-employed from now on.

[WendyN2]

Yes, as that will make things so much easier on you for record-keeping purposes. Not only on your end, but also with the IRS. You took the best route.