Get your taxes done using TurboTax

Stop what you are doing and delete it all.

 

Then follow these instructions ... do NOT enter the 1099-K in the  1099-K section at all ... use the general income section instead in the Sch C income entry section.  Enter the income and then simply make a other misc expense entry for the same amount using any descriptor you wish.  This will report the income yet zero it out at the same time ... a win-win. 

 

Sch C  income screen.PNG