The charge for postage is included in the IRS form 1099-K box 1a and you are reporting self-employment income.
Postage may be charged in the self-employment activity under other miscellaneous expenses.
The charge for eBay fees is included in the IRS form 1099-K box 1a and you are reporting self-employment income.
The eBay fees may be reported under commissions.
In TurboTax Online, the value of the goods sold should be reported under Inventory/Cost of Goods Sold . Follow these steps:
- At the screen Here's your xxx info. select Add expenses for this work.
- In the search box in the center of the screen, enter Inventory.
- Check the box to the left of Inventory. Click Continue.
- At the screen Here's your info for this work, click the pencil to the right of Inventory.
- At the screen Do you have inventory for your work? select Yes, I have inventory to report. Click Continue.
- Follow the screens to report beginning inventory, ending inventory and cost of goods.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
