AliciaP1
Expert Alumni

Get your taxes done using TurboTax

You are not required to enter a 1099-K specifically into your tax return as long as all the income is reported correctly.

 

To enter your self-employment income without the 1099-K specifics you can follow these steps:

  1. Open or continue your return in TurboTax
  2. Search for self employed income (use this exact phrase, don't add a hyphen) and select the Jump to link at the top of the search results
  3. Answer Yes on the Did you have any self-employment income or expenses? screen
    • If you land on the Your 2022 self-employed work summary page, select Review next to the work you're adding income for
  4. Answer the questions on the following screens until you arrive at Let's enter the income for your work
  5. Scroll down to the Income section and click Add income for this work
  6. Choose Other self-employed income and Continue
  7. Here you would enter the $280 plus any other general income you earned in your business.

To report the personal item sales you can follow these steps:

  1. Search for 1099-K and select the Jump to link at the top of the search results
  2. When you get to the Choose which type of income your 1099-K is for screen select Personal item sales and Continue
  3. For box 1a only enter the $700 you identified in your question
  4. Click Done
  5. Go back to the Wages & Income screen and click Edit for Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto)
  6. Click Review for the 1099-K you entered and here you can enter the expenses and details for the items you sold

 

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