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I received a 1099k for a hobby. The 1099k has the gross amount but it does NOT include the fees or shipping that payment processor. where can I mark expenses?
The expesnes are aboutg 20% of the gross. TurboTax is telling me I cannot deduct hobby expenses per the IRS. Does that even include these processing and shipping fees that never hit my bank account?
‎February 9, 2025
10:04 AM