I haven’t received mine, but since 2013, when I started with uber. Your payout is not what you made because they report on your Rasier llc 1099 the 20 or 25% commission that they charge you. Also, they include other fees, like the one they called safety fee before, now called booking fee.
Since I haven’t received mine, I can not tell precisely what uber will be reporting on my behalf, but all the money that uber keeps, from my “earnings” it is a deduction on your taxes or business expense. However you want to call it, and you should use Schedule C very wisely.
For instance, they will be reimbursing you for road Toll fees; if you incurred any since you had that disbursement, you need to report it as a business expense deduction, so don’t get a tax liability on that reimbursement, and doesn’t count as net income.
Most tax preparers will ill-advised you, when it comes to self-employed income tax, since they are for a quick buck, and will take the easiest and fastest route, or don’t know and don’t want to know about all your tax deductions, they don’t want to sound un-knowledgeable.
I’m not a CPA, nor a Professional tax preparer, and you’ll be better off with a proven professional that can help you navigate thru Schedule C.