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incorrect amount should not be larger than the amount reported in box 1
I received negative amount ((-2160.00)) in box 1 from a company that generated K-1 for me. I am getting an error when I do the final check stating ((incorrect amount should not be larger than the amount reported in box 1)). how can I fix the 1099-k Reconciliation section because I don't know why the software thinks that it's an incorrect amount? and they are expecting me to enter amount for 2a under 1099-k Reconciliation section when the amount is actually correct. Also I do not have any cents in my numbers they are all dollar amounts.
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March 18, 2024
11:39 AM