DianeW777
Expert Alumni

Get your taxes done using TurboTax

It depends. We are unaware of any issue with the IRS accepting returns with the instruction provided. Take a final review of  your entries and also make sure you have the most recent updates. For TurboTax Online it is automatic for TurboTax Desktop you can use the link below to manually update TurboTax.

Other Miscellaneous Income:

  1. Sign into your TurboTax Online account
  2. Go to Tax Home (left panel)  Wages and Income  section
  3. Scroll to  Less Common Income > Select  Miscellaneous Income, 1099-A, 1099-C
  4. Select Other reportable Income > Enter a 1099-K Error  (----) and the amount
  5. Repeat steps 1-3, then in Step 4, Enter a description 1099-K Reverse and a negative sign with same amount (-100)

 

@colette3460 

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