My question is referring to section: Business > Business Income & Expenses > General Income.
I received a 1099-K from PayPal for transactions where I was sent money. Some of this were payments for work I do as a freelancer. However, those amounts were already entered as part of the 1099-MISC those companies sent me (they pay me via PayPal.)
If I entered the amounts from my 1099-K into the "General Business Income" section of Turbo Tax, wouldn't that mean I would be reporting that income two times, and getting taxed twice on the same income? Should I NOT enter those amounts from my 1099-K if I received a 1099-MISC for them?
