Will I Receive a 1099 from Moeride?

Understanding the Relationship

  1. Moeride’s Role:
    Moeride is a software company. It does not employ drivers or classify them as independent contractors.
  2. Driver Status:
    Drivers are considered customers of Moeride.
    They work for themselves and operate independently using Moeride’s software.

Tax Implications

  1. 1099 Form:
    You will not receive a W-2 or 1099 form directly from Moeride as you are not an employee or contractor.
  2. Earnings Summary:
    Moeride provides a summary of your earnings, expenses, and mileage annually in January or February.

Stripe’s Role

  1. Payment Processing:
    Stripe handles payment processing for fares.
  2. 1099-K Form:
    You will receive a 1099-K form from Stripe, typically in January.
    Look out for an email from Stripe ([email protected]) with instructions to confirm tax information and delivery preferences.

Additional Notes

  1. Tax Advice:
    Moeride is not a tax professional and cannot provide specific tax advice.
  2. Recommendation:
    For any further questions or detailed tax guidance, consult a tax professional.