klacombe
Returning Member

Get your taxes done using TurboTax

Thanks, I think I'm following you now.  In my case, I have a hybrid 1099-K.  A portion was from selling online with the purpose of income so that is entered as self-employed income and expenses.  The rest of the sales were selling personal items that I owned.  After selling through a lot of personal items the first half of the year I decided I could buy certain items to fix up and sell.  In my Less Common Income i'll need to list the full 1099-K and then offset the cost of those personal items plus all the business items already captured as business income.  That seems like the right way to handle a mixed 1099-K.  Is that right?