Get your taxes done using TurboTax

since it seems you already entered the revenue for schedule C just don't enter the 1099-K. this info is not sent to the iRS. it is just for your "convenience"

 

 

the New York Times had this article about the 1099-K reporting

https://www.yahoo.com/news/irs-rules-could-affect-venmo-192512731.html  

in effect, no one is sure as of now what will happen because there are going to be many thousands of 1099-Ks that reflect more than revenue

the IRS on its website says to report only revenue.