KrisD15
Expert Alumni

Business & farm

It sounds like you entered the 1099-K in the Personal Section

Wages & Income

Other Common Income

Income from Form 1099-K

 

Instead, enter it under "Self-Employment" income

You may need to delete (use the trash can) the entry for the 1099-K you already made

 

If you are using TurboTax desktop Home & Business, select the Business Tab first

  • Next select Business Income and Expenses
  • Set-up the business if needed, 
  • (if you used TurboTax last year, the business details should have been brought over)
  •  
  • After the business is set-up, scroll down to Business Income and select START
  • Select "1099-K Income" and START

 

If you are starting in a lower TurboTax Online Program, 

  • select "Wages & Income" on the left side-bar
  • Scroll down to Self-Employment
  • Open that section and select START
  •  
  • You will again setup the business if it has not already been done
  • You may be prompted to enter expenses first
  • After expenses you can scroll down to Income
  • Select "Form 1099-K" and CONTINUE

(if you need help deleting the 1099-K )

For TurboTax Desktop, switch to Forms (Upper right corner) 
To Delete a Form  using TurboTax Online:
Select Tax Tools on the left side-bar
Select Tools from that drop-down
Select “Delete a form” on the TOOLS CENTER screen
Select the form, schedule and/or worksheet you wish to remove 
 

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