The treatment of the $1,013 from ebay does not sound correct. I wonder whether the entry of the two 1099-K's accidently became "entwined" when they were entered?
I would follow these steps to enter the two transactions so that the 1099-K and IRS form 8949 / Schedule D Capital Gains and Losses do not get confused with each other.
- Enter the Paypal 1099-K which leads to entry of the Paypal IRS form 8949 / Schedule D entries. Complete all the entries. Review to see if there are any issues and whether Paypal income is in balance.
- Return to Federal / Wages & Income / Other Common Income / Form 1099-K to enter the second 1099-K.
- Then enter the ebay 1099-K which leads to entry of the ebay IRS form 8949 / Schedule D entries. Complete all of these entries. Review to see if there are any issues and whether ebay income is in balance.
@Moneyless
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