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Get your taxes done using TurboTax
Hello, I too am in the 1099K situation with outgrown clothing.
Just to confirm, let's say the 1099k says $1500, so I enter that first.
Then I create a second line that says "Adjustment" and make that -$1500?
So the final number is "0?"
These clothes were probably worth 3x what I sold them for, plus the amount doesn't cover postage or supplies.
Thanks for the help!
‎February 28, 2021
9:43 AM