Receiving a 1099 form from Doordash is a crucial procedure for self-employed individuals, such as myself, who generate income using the app. This form is necessary for correctly reporting and filing taxes. In this article, I will lead you through the comprehensive steps of obtaining your 1099 form from Doordash.
What is a 1099 Form?
Before we dive into the steps, let’s briefly explain what a 1099 form is. A 1099 form is used to report income received by independent contractors, freelancers, and self-employed individuals. It is similar to a W-2 form, which is used for reporting income earned as an employee.
Step 1: Ensure Eligibility
First and foremost, it’s important to confirm that you meet the eligibility criteria for receiving a 1099 form from Doordash. To be eligible, you must have earned at least $600 or more in a tax year through Doordash. If you earned less than this threshold, Doordash is not required to provide you with a 1099 form. However, you are still required to report your income.
Step 2: Wait for the Form
Doordash typically provides 1099 forms to eligible contractors by January 31st of each year. Keep an eye on your mailbox or email inbox during this period, as Doordash may send the form either physically or electronically. If you haven’t received your 1099 form by the end of January, you can reach out to Doordash support for further assistance.
Step 3: Accessing your 1099 Online
Doordash also provides an option to access your 1099 form online through the Doordash Dasher Portal. To access it:
- Log in to your Dasher account on the Doordash website.
- Navigate to the “Earnings” tab.
- Click on the “Tax Information” link.
- Select the tax year for which you need the 1099 form.
- Download or print the form for your records.
Step 4: Verify and Report
Once you have received your 1099 form, it’s crucial to double-check the accuracy of the information provided. Ensure that your name, address, and earnings are correctly stated. If you notice any discrepancies, reach out to Doordash support for assistance.
Next, you will need to report the information from your 1099 form on your tax return. The earnings reported on your 1099 form should be included in your Schedule C when filing as a self-employed individual or a sole proprietor. If you are unsure about how to report your earnings, it’s best to consult with a tax professional or use tax software that supports self-employment income.
Conclusion
Obtaining your 1099 form from Doordash is a crucial step in accurately reporting your income as an independent contractor. By following these steps, you can ensure that you have all the necessary information to complete your tax return confidently. Remember, if you earn income from Doordash in future tax years, it’s essential to follow the same process to obtain your 1099 form.