- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
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
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 14, 2024
3:44 PM