Get your taxes done using TurboTax
To record the cost of the items sold, use the Add Another Income Item button to enter your cost as a negative number. The result will be one item for 1099-K income and a second item for expenses. Screenshot below.
To record the cost of the items sold, use the Add Another Income Item button to enter your cost as a negative number. The result will be one item for 1099-K income and a second item for expenses. Screenshot below.
