Deductions & credits

Any 1099-K income you received that wasn't paid to the LLC will be reported on your personal tax return as self-employment income. This gets reported on Schedule C which is a business tax form that is filed with your individual tax return.

You can also deduct any qualified expenses that were incurred with selling those items to help reduce that amount of taxable income.

To learn how to enter your 1099-K, go here: How do I enter a 1099-K received as self-employment income in TurboTax Online?