How do I enter my income & expenses from Uber 1099-NEC in TurboTax and deduction for Tax Return

Published: 11 February 2024
on channel: FewSteps

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Driving for Uber, Lyft, or other car-sharing platforms? Taxes can get confusing! Don't sweat it! This video breaks down everything you need to know to file like a pro.

In this video, you'll learn:

The scoop on self-employment taxes: Understand Social Security, Medicare, and estimated tax payments.
Maximize your deductions: Uncover hidden expenses you can write off (mileage, car repairs, phone bills).
TurboTax for the win: See how TurboTax Self-Employed makes filing a breeze.
Avoid common mistakes: Get expert tips to ensure a smooth and accurate tax return.
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This video explains how to enter my income and expenses from doordash 1099- NEC in TurboTax. You will also know how you can add all the deduction on TurboTax also to calculate the net income and taxable income....etc.

Note: all data in this video is example purpose only. And there might be different situation for tax filing. Here, i showed only one part of 1099-NEC as example. I am not responsible/I am not a CPA guy to suggest you for your tax. I just showed how to start with an example.

#UberTaxes #LyftTaxes #CarSharingTaxes #SelfEmployedTaxes #TaxTips #2024TaxSeason

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