You can enter those in
as Taxes and Licenses. Just be careful to not combine the 1099-K income with your 1099-MISC income. Some of your 1099-MISC income will likely be included on the 1099-K.
So, the result for your Gross Receipts on line 1 of your Schedule C for your business should be every dollar you actually received, including all your sales taxes. Then, deduct your credit card processing fees, sales taxes paid, etc.
To enter taxes Sales Taxes paid into the TurboTax Home
& Business software:
-
Business Tab
- Continue or I'll
Choose What I Work On (if they show up)
- Business
Income and Expenses
- select Edit next
to your business (if it is there)
- scroll to Business
Expenses
- then, Other
Common Business Expenses
- select to Update (or
Revisit)
- on that screen scroll down to Taxes and Licenses
