Generally when someone receives a 1099K they are receiving it for some type of self-employment. This is not the case for you. When you amend you will have to add the 1099-K income and indicate that it is not received as an intent to earn income but as a one-time receipt. One of our experts will definitely be able to assist you with doing that. On the income page if you did not enter the 1099-K on your original return you will click on 'see all income' and scroll down to the income category of 1099-MISC and Other Common Income.
You will click start next to Income from Form 1099-K. Once you click start you will come to a screen where you will choose what type of income your 1099-K is for. I would choose the other under the Other category and go from there.
Again, if you have questions while doing this our experts are available to assist you.
