Hi. I am trying to finish my taxes and can't get passed the screen stating that form 1099-k Wks. "Incorrect amount plus personal property loss sale amount should not exceed the amount in box 1."
Incorrect amount - 1626.71
In the reconcillation section.
1. Gross Aamount of payment transactions 1627
2 Less Adjustments
a Incorrectly reported amount on Form 1099-k 1626.71
b Payments for personal property sold at a loss 0.00
3 Net amount of payment card/third party network transactions 0.00
I "think" the problem is that TT rouned up the amount so the amount in box 1 is 29 cents higher than than the actual amount. If thats the problem I do not know how ot get around it and I'm very frustrated.
I hope I am explaining this correctly. I don't know how to get passed this. Has anyone else run into this problem or am I making ANY sense? My brain is mush at the moment and I am sure I am doing something stupid as usual, I just need help please?
Thank You in advance.
