I have a 1099k from PayPal for receiving manufacturer/seller rebates as payments. The new $1000 requirement from IL generated the 1099-K form. I am unable to enter negative number as per the solution in this link.
Can someone help me with this?
You'll need to sign in or create an account to connect with an expert.
In Home & Business the 1099-K is entered in the Business section of your return.
The heading is Let's enter the income for your work.
This will properly report both the 1099-K and yield a correct taxable amount.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
anasf_3092002
New Member
kimbaljeffrey
New Member
belles1979
New Member
806205001be2
New Member
bcb63c1b0c6c
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.