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Get your taxes done using TurboTax
Enter the amount of Gross Receipts from your 1099-K as Business Income.
Remember that it reports the gross amount of the transactions. It doesn't include any adjustments for credits, refunds, discounts, or fees.
You’ll have a chance to enter these as self-employment expenses in that section of your Business.
Click this link for more info on How to Enter 1099-K for Business Income.
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February 19, 2021
11:28 AM