Uber and Lyft driver, how to enter both 1099K forms?

KK0KK

Should they be entered as separate businesses (they aren’t) or added together as one 1099K total? I don’t see where or how to enter the second 1099K for the same rideshare driving business.

ToyotaDriver

Does this article help?

https://community.freetaxusa.com/kb/articles/111-how-do-i-file-a-schedule-c-for-uber-lyft-and-other-delivery-or-rideshare-businesses?utm_source=community-search&utm_medium=organic-search&utm_term=uber

KK0KK

Unfortunately it does not. It says nothing about how to enter more than one 1099K one business.

CoryF

Thank you for reviewing the article.

The 1099-K only reports income. In the Schedule C Income screens listing the question about receiving a 1099-K, you can sum all of the 1099-K income, for both businesses, and enter it into the Gross Receipts box. Since you are reporting work for similar businesses, you can combine the 1099-K income and report it on one Schedule C. Next you can combine all of the expenses on the same Schedule C.