PattiF
Expert Alumni

Deductions & credits

There is a way to enter a negative amount in TurboTax to offset the income from the 1099-K.

 

  • Go to Miscellaneous Income
  • Then Other reportable income, Click Start
  • Add Offset to Form 1099-K in Description and a Negative number in Amount 

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"