Kenfos
Returning Member

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.