You are correct, except . . . a 1099-K is not required for payments under $20K. Many Uber drivers make less than that amount. Uber provides a written annual sta...
Opus 17Level 15If you would take the time to read what I wrote it might make more sense to you. An Uber driver gets tips, just like a cab driver. Unlike the cab...
For what it's worth, the tips ARE included in income. They're just not included in 1099s, either because the income doesn't reach the minimum required to genera...
If you want to dive into tax-speak, IRS Notice 2025-69 allows individuals who receive a 1099 to use contemporaneous records to substantiate their tip income for...
You are correct that SEHID cannot be greater than the amount you actually pay out of pocket.If you don't mind the dinosaur approach . . . I used to calculate th...
