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Get your taxes done using TurboTax
So to start with you'll need to enter the entire $3000 for your 1099-K into the section for that in the self-employed section. Skip the section marked investment income - you don't have any of that, Then, in the section that says "I paid sales expenses that aren't included in the sales proceeds on the forms" you'll enter two expenses - refunds of $350 and sales fees of $530. That gets you to that $2120 total you are working towards.
You can also take expenses for the items that you are selling if you have any receipts for them.
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‎February 26, 2024
1:49 PM