It’s that time of year again people! Uber 1099 time! That’s right, all of you Uber drivers will be getting 1 of 2 forms in the mail, depending on the revenue you generated.
Some Uber drivers will be getting the 1099-MISC if they generated under $20,000 in income for the previous year. Those who generated over $20,000 in income + at least 200 trips will be getting the 1099-K.
Let’s talk more about these 1099 forms and how Uber taxes work, but before we do we need to make it clear that this post is not to be construed as tax advice. There is no substitute for speaking with a certified tax specialist and you should always consult a pro if you have specific tax questions.