UBER question: Is there a seperate place to put the Uber commision and toll fees on turbo tax, or do I deduct it from the 1099-k and put that new number as income?

No. Do not alter the number from the 1099-K. In TurboTax, we don’t create a separate entry for your 1099-K info. That's because your 1099-K income should already be included in other income such as a 1099-MISC

If you don't have a 1099-MISC, report your 1099-k by following these steps before you enter any expenses:

·         Click on Federal Taxes on the top row of TurboTax Deluxe Online.

·         Click Wages & Income

·         Under All Income, click Show all income

·         Scroll to Self-Employment, click Start

·         Click Yes to Did you have any self-employment income or expenses?

·         Enter any income from sales or services that weren't reported on Forms 1099-MISC

(See the attached screenshot below. Click to enlarge.)

On the next screen, it will ask if you had expenses. Say "Yes"

The Uber fees deducted will go under "Other Common Business Expenses" then "Other Miscellaneous Expenses"  section with a Uber Fees description and amount. (See the attached screenshot below. Click to enlarge.)

Here are some more expenses, in addition to your mileage, that may help boost that difference for Uber/Lyft drivers:

·         Snacks and refreshments for passengers

·         Extra USB chargers

·         Power cables

·         Mobile routers for internet connection.

If you open a business bank account or credit card, the fees and interest are deductible.

The cost of TurboxTax Self-Employed along with legal fees related to starting or running your business.

Some others include:

·         Car inspection fees, if required

·         Additional insurance (such as liability insurance)

·         Paypal fees

·         Dash cam (only if it is legal in your area).

Here's a link for more expenses deductions:

http://quickbooks.intuit.com/self-employed-center/complete-list-of-self-employed-expenses-and-tax-de...