AmyC
Expert Alumni

Business & farm

You want to enter the 1099-NEC forms in as income for your business. The 1099-K can be entered but is not required. It is to help you determine your reportable income. The 1099-K lets the IRS know that income changed hands. As long as all of the income is accounted for on your return, you are fine.

 

References:

How does being self-employed affect my taxes?

IRS FAQ 1099-K

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