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Get your taxes done using TurboTax
You enter two line items. 1 showing the 1099K information (example: $1500 in income)
then on the next line you enter the exact same Verbiage but enter your Cost in a negative entry... (example: -1300.00 This will give you a reported income of $200... (1500 - 1300 = 200). hope this helps!
March 1, 2021
7:33 AM