Yes, you can use Home & Business to report business income and expenses. You can only report the income part if you use Deluxe Online. You did the right thing as far as setting up the business and entering the 1099-K. If you reported the expense as Cost of Good Sold in the inventory portion, that will work the same way as if you had used ''Supplies'' expense. You have the right version for what you need. @pjcupples
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