AmyC
Expert Alumni

Get your taxes done using TurboTax

That sounds like you were running a business with those numbers, to go on Sch C. You can enter the income and expenses on Sch C. See Where do I enter Schedule C?

You will split up the 1099-K and enter the form twice but with the numbers apportioned. 

 

For example: 1099-K of $15,000. Enter the $10,000 on the business and the rest elsewhere.

  • Enter just the portion that relates to the business on Sch C. 
  • Enter the remainder of the income as explained by @DianeW777  here.

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