ToddL99
Expert Alumni

Deductions & credits

Yes, this is what your Miscellaneous Income Summary would look like if  you are trying to match 1099-K proceeds with the cost of the items you sold to generate those proceeds. This would be an appropriate method of reporting casual (non-business) sales of personal property when the proceeds are reported on a 1099-K.

 

(Except for the cake - what is that?)