- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Yes, I will get an eBay 1099-K and a paypal 1099-K. I run my reselling business across multiple sites but I consider it all to be one business, but that is why i get multiple 1099-Ks
I enter those into turbo tax when it asks for them under my business income and I keep both the 1099-Ks under the same business ( which turbo tax allows me to do ). But the problem is that it asks for the 1099-K information ( so I enter in both of the 1099-Ks, which have income on them ( not net of any expenses ) ) and then a few pages later on the same turbo tax topic, it asks me what my income for the business was?!! And its like.. well I just entered the 1099-Ks so there is the revenue, now let me enter the expenses!
It shouldn't be asking me to enter income after I've already entered the 1099-K income.. so maybe I should just leave those fields blank? and just enter the expenses?? please help