Thank you for the answer.
I opened Less Common Income > Miscellaneous Income, 1099-A, 1099-C > Other reportable income, there are two fields, I entered the full amount as received with description and clicked Continue. On the Other Miscellaneous Income Summary page I can add another income or edit the existed one, there is no any field to enter an adjustment to reflect the cost of these items as an offsetting.
As for Investment Sales, it asks about Date sold or disposed. If I made multiple transactions during the year, how should I handle this situation? Also it asks to enter the name of the person or financial institution that brokered this sale.
As I know, PayPal will send 1099-K to IRS, but investment income is reported through 1099-B or 1099-S, is this ok?
