TurboTax Tutorial - Uber and Lyft Income

Step by step tutorial on how to go through TurboTax to report Uber and Lyft income and expenses

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

#turbotax #uber #lyft #tax

[eataxresolutions]

Hello Everyone! Just as a reminder if you have a question about TurboTax or filing I will be doing these Live Streams every Monday at 4PM PST. Be sure to stop by and ask your question in chat so I can help you out!
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[shplak]

TY best tutorial I'd seen while researching YouTube.

[lucasscott]

My friend I’m definitely saving you as my best go to for everything. You are the best you just helped me figure out months of frustration. Thank you so much.

[relaxing_music_nature_sounds]

I throw caution to claiming home office If you read the tax guide your primary business has to be out of an office not on the road driving people around.

[azprinting]

Hi! Great video! How can I add lyft and uber on Turbotax if I worked for both?

[audreyturner]

This video was verrry helpful . Thank you

[Aizouseven]

You are showing in your computer… I don’t have computer so how can I do it in Turbo Tax app and Everlance app in iPhone?

[SpicyMcG]

Hi! I do have some late questions if you can answer! I do UberEats (and some other apps) and my NEC shows “total additional earnings” as non-employee compensation at $952.17. But I made a net of $6114. Do I omit their figures and input my actual profit in the field?

[kaylapaul]

what's the process if you only got a tax summary and no 1099K and etc from uber because you didn't pass their threshold to send one?

[mandyl]

What do we do if you didn’t make the threshold and so they don’t give you your tax forms? But you did make enough that you have to file how do we fill you the taxes?

[irelever]

I drove for Uber Eats. All I have in tax docs is the tax summary. No official 1099 form. Can I request a 1099. The tax summary is a little vague.

[mbanguijp]

This video is helpful but I still have some issue, I bought a Car to start Lyft Driving, During inspection of Lyft the mechanic required me to change 4 tires and brakes, I did but my question is: in witch place to put these expenses?

[RJ-imuk]

This was great help. I realized that I did my rideshare information wrong for 2022 and did not add the fees can I go back and change that because I believe I should have received money back.

[johnwayne]

Incorrect dude Ubers mileage is all online miles not just pax

[SunIsNotThatSon]

Hi, I got a question. Can I use TT Deluxe to file 1099-NEC?

[audreyturner]

Question: How much of my car insurance payment & phone can I deduct? I drive for both Uber & Lyft?

[jhon]

The link isnt working for the template Profit and Loss. Would you be able to give me a link to it?

[oreothegirlguineapig]

I started uber 2019/20 part time I stopped in 2021, how ever I started again in 2022 with a different vehicle, the program ask me when did you acquired the business.. what would be the answer? 2019 with the other vehicle

[fransiscadeceana]

i need some advise please. we got CP200 from IRS for 2021 Uber income and now they are asking me to fill in Schedule C. How can I do that in Turbotax? stepping back to 2021. Thank you

[toddwillis]

My vehicle was totaled while driving for Lyft. Can I write this loss off?