Do you need a 1099 form with Instacart?

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Do you need a 1099 form with Instacart?

Do you need a 1099 form with Instacart?

If you live there and made more than $600 last year as an independent contractor, you'll receive a 1099-K form, instead of the NEC form. If you made under $600 last year, Instacart isn't required to send you a 1099 form. Your income is still taxable and reported to the IRS, so you'll need to include it in your tax returns.

How much income does Instacart have to report on tax return?

All companies, including Instacart, are only required to provide this form if they paid you $600 or more in a given tax year. You won’t send this form in with your tax return, but you will use it to figure out how much business income to report on your Schedule C.

Can You claim estimated mileage on Instacart on taxes?

Although Instacart uses estimated mileage as one component in its calculation of how much payment to offer per batch, this is not a mileage reimbursement, so you can still deduct work-related mileage from your taxable income. Just make sure you have the documentation to back it up!

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