Every year, Uber will file IRS Form 1099-MISC and/or 1099-K with the IRS and your state tax agency reporting how much it paid you. This applies if you were paid over $600 during the year. You need to report this income on your tax return and pay income tax and self-employment tax...
If you’re one of the more than 150,000 Americans who has decided to “get your side hustle on” by driving for Uber, this might be the first time you’ve taken on the responsibilities of self-employment, including reporting business earnings on your inc
Taxes for bloggers should be handled as if you're running a small business. Here's my detailed guide on how to do taxes on blog income (and blog tax tips).
There are many ways to earn a side income, and the path you choose is entirely dependent on you. I am going to show you how to drive with Uber and earn extra money in this Uber review. Rideshare driving has become one of the most sought-after side hustles during the last decade. Ar...
how to find a reputable tax preparer near you collect your paperwork the following forms are necessary to file self-employment taxes: form 1040, also known as your u.s. individual income tax return. schedule c, which records your profit or loss from your business. schedule f i...
UberandLyftare the heavyweights of the ridesharing world in the United States. With just a few clicks, people who need a ride can summon drivers to any GPS-marked location for easy pickup. Drivers have to pass a background check, but after that, you're ready to start hauling passengers ...
However, active income is very quick to implement. And it can get you started in no time with side jobs like becoming a freelance writer, driving an Uber, designing logos on Fiverr.com, etc. On the passive income front, the typical activities that generate money for you will include ...
As independent contractors, a tax-free customer tip makes up a large chunk of their income. Use Uber Cash: If you find carrying change everywhere inconvenient, you can prepay your rides using Uber Cash. With this feature, you can plan your budget ahead of time....
Should You Drive For Uber? Tax Courses Raise Your Credit Score So You Can Buy a House – Free Video Course Watch Movies and TV Online For Free (Almost) Using Your Computerby Neal Frankle, CFP ®, The article represents the author's opinion. This post may contain affiliate links. Please...
There are many different tax deductions and tips that people miss out on that could save them thousands of dollars. And, the best part is, you don't need to be an accountant or a tax wiz to figure out how to save money.