Get your taxes done using TurboTax

No. You can report the total as a single entry in Box 1A on the 1099K. Here is how to report at a loss.

1. Go to income
2. 1099 Misc and Other Common income
3. Income From 1099 K
4. On “Did you get a 1099-K?" say YES
5. On “Choose which type of income your 1099-K is for," select Personal item sales
6. On “Let’s get the info from your 1099-K," fill in boxes, then Continue
7. On “Personal Items Sales,” select All items were sold at a loss or had no gain

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