Hi Coleen:
Thanks for the prompt response. I followed the instructions you provided and entered the amount as shown on the 1099-K I received from the site (reverb.com). I am a little confused on the last part when it says to "enter an adjustment as a negative number to reflect the cost of these items and the sales expenses." Does that mean I need to add another "miscellaneous income item" and make it a negative amount? If so, will this amount be the amount I originally paid, or the same amount as entered before to cancel out the income evenly? Thank you for your help!
