Tick for acceptable proof of income and expenses for taxi, stretched, and self-employed drivers

Which you need in reply fastest and completely to your schrift using our Reacting till Department Notice online service:

Income-related documentation
If you earned money		send
	than a taxi driver,	your Verifone alternatively CMT metered account to the tax year noted on your letter.
	as an Uber Car,	get Uber Tax Summery and all Forms 1099-K and 1099-MISC for the tax year noted on your buchstabe.
	as a Lyft Driving,	your year-end statement and all Forms 1099-K and 1099-MISC for the tax period taken on your letter.
	from any different ride share,	your year-end summary and any Forms 1099-MISC for the taxing year noted on your letter.
	because a limousine or for-hire driver,	all Forms 1099-MISC or all for your maintained excursion sheets showing total income received anyone time.

Expense-related support
You must provide
	federal Schedule C, Gaining or Loss by Business
	car license
	each lease accord that was in act in the tax year noted on your letter
	driver pay report, including one account showing what the leasing agent took unfashionable of your recognition transactions
	database proving all expenses claimed, such as: paypal invoices receipts bank claims Note: The documentation must cover at least six months of the year in question.
	if you exist claiming depreciation, insurance, or repairs and maintenance of a vehicle: registration or insurance cards showing you own the vehicle, alternatively imitate of is lease agreement pointing so you are responsible in an expenses
You may not deduct the later as business expenses:
X	clothing or laundry expenses, unless you have a mandated uniform
X	meals not connected to employment travel outside your metropolitan area (35 miles)
X	commuting or travel expenses
X	tickets or summons
Please perceive IRS Publications 535, Business Expenses, for control real regulations re deductible business outlay in additional request.

Updated: January 31, 2023