Thank you for your response.
In this case the 1099-K is not from either a farm or for business. It is from the water utility company co-op that provides water to our personal home. They were bought out by a bigger company and part of the sale money was disbursed to home owners who pay for water with this company. None of these options apply to me:
Self-employed business (Schedule C)
Farm (Schedule F)
Farm Rental (Form 4835
Business Credit
AMT adjustment
And so I must choose "None of the Above", but when I do that, it goes back to the Your Income and Expenses page, without asking further questions.
Is this a case of "came from property purchased for personal use?" and does not need to be reported? My understanding is that it was taxable. Any ideas?
