Get your taxes done using TurboTax

I ran up some numbers like you described and noticed the same thing happend. However, I noticed that the income from the 1099-K did show up on my schedue C, even though it didn't show on the Business Income worksheet you displayed. It is probably on your tax return. You can view your form 1040 and schedule 1 in TurboTax where you will see your business profit on line 3. You need to enter it as Self-Employment income:

You can view your form 1040 and schedules 1 to 3 while working in the online version of TurboTax by following these steps:

1. Click on Tax Tools in the left menu bar
2. Click on Tools
3. Look under Other Helpful links….
4. Choose View Tax Summary
5. Look in the left menu bar and choose Preview my 1040
6. Scroll down the page to see form 1040 and schedules 1 to 3