No, you have your reporting forms. These agencies use one or the other. You will need to enter the income in two different places in the program.
For the 1099-K
Report income
without a 1099. Here's how to do that:
·
Click on Federal Taxes on the top row of TurboTax
Deluxe Online.
·
Click Wages & Income
·
Under All Income, click Show all income
·
Scroll to Self-Employment, click Start
·
Click Yes to Did you have any self-employment income or expenses?
·
Enter any income from sales or services that weren't reported on
Forms 1099-MISC
1099-MISC
- Open your return.
(To do this, sign in to TurboTax and
click the Take me to my return button.)
- Search for “1099-misc” at the
top. In the search results, click the “Jump to” link.
- Now follow the screens to
enter your 1099-MISC info and answer some questions.
