Thanks very much for the prompt answer to my question.
However, I'd like to report this not as "Self-employment income" but rather as "Personal item sales," which accurately describes my activity on eBay and allows me to later select "All items were sold at a loss or had no gain," which is also accurate. When I enter the 1099-K using these options, I get the error asking for a link to a Schedule C activity, but presumably there is no Schedule C in this case?
If I follow your instructions and enter the 1099-K as self-employment income, I get a lot of questions about "my business" but no opportunity to indicate that "all items were sold at a loss or had no gain," and I end up paying almost $200 more in federal taxes on the $696 from eBay. Moreover, if I try to enter business expenses, TurboTax want me to upgrade to the self-employed option in order to do that.
Seems like the "Personal item sales" category is exactly the right choice here and designed specifically for a case like mine, but it results in the Schedule C error that I can't find a way to fix...
Is there another way?
Thanks!
