Get your taxes done using TurboTax

You use the information on the 1099-K to be sure you have included it in the income you report in the regular place you report your income that the 1099-K relates to.  For example, an independent contractor would be reporting his/her income on Schedule C.

Please see the info here for more info on Form 1099-K, and making sure the income is shown in the right category:
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