We are using Turbotax online premier. We sold used personal stuff online at a loss in 2022. We receive one 1099-K from PayPal ($345 sales on Facebook Marketplace) and one 1099-K from eBay ($1013 sales on eBay). We entered two 1099-Ks under “Other Common Income”, selecting the category “Sale of Personal Items” . We also entered each sale transaction under “Investments and Savings” as prompted by Turbotax online.
We noticed a weird thing and currently face a problem that prevents us to e-file Federal tax.
The weird thing (not sure if this causes the problem):
- Even if both 1099-Ks were entered as related to “sales of personal items”, under the finalized “Investments and Savings”, Turbotax online automatically categorized PayPal’s 1099-K as “Personal item sales (1099-K)”, but eBay’s 1099-K as “Stocks, bonds, etc. (1099-B)”.
The problem:
We can't e-file Federal Tax (our preference) before we fix this problem.
Turbotax online describes the problem as:
“From 1099-K Wks (eBay Commerce Inc.) Link to Schedule D worksheet links to the same copy of this worksheet as another copy of Form 1099-K. Select a unique copy of the worksheet for each Form 1099-K.”
Under this, I can only see one Worksheet.
- It says “QuickZoom to another Form 1099-K Worksheet”, but QuickZoom is not available on Turbotax online.
- The worksheet Box 1 also says “Required: double click to select the form on which to report this income”. but we double clicked almost everywhere on the worksheet and nothing happened.
- The only field we can edit on this worksheet is the field next to Schedule D, currently filled with “eBay Commerce Inc.”
Thanks in advance for your advice!
