Get your taxes done using TurboTax
Report the IRS form 1099-K. Select Other at the screen What type of income is your 1099-K for?.
- Down the left side of the screen, click Federal.
- Down the left side of the screen, click Wages & Income.
- Click the down arrow to the right of Other Common Income.
- Click to the right of Form 1099-K.
- At the screen Did you get a 1099-K? click Yes.
- At the screen How would you like to enter your 1099-K? click Type it in myself. Click Continue.
- At the screen Choose which type of income your 1099-K is for, select the button for Other income. Click Continue.
- At the screen Let’s get the info from your 1099-K, enter the information.
- Report the amount in the box "This amount in box 1a is too high or includes some personal transactions."
- Click Continue.
At the top of Schedule 1, note the amount reported in error or for personal items sold at a loss.
