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1099k
I must be missing something or there is a flaw in the software. I got a 1099K for concert ticket resales. The entry screen does not provide anywhere to enter the cost basis. Then when I run the error check, it tells me the 1099k amount doesn't match what I input the amount as (the only thing I see is it appears to round up to the nearest thousand). When I look at the income summary, there is no income listed for the 1099K even though the line is there and I can click on it to see the imput. I can't resolve that. Then when I go onto schedule D to try and input the cost basis, it gives me another error message that I can't input it because the box that this information was reported to the IRS is checked and I can't uncheck it.
March 6, 2023
7:53 AM