Report the 1099K income using the steps below. The income from the 1099K, plus all of your other self-employment income and expenses, will be reported on Schedule C in your tax return.
Type Schedule C in the Search box and then select
the Jump to link. This will take you to
where you can enter any cash, personal checks, credit card payments, or
cryptocurrency (Form 1099-K) related to your self-employment. You may
first be asked some general questions about your business. After you answer
them, you’ll be taken to the Let's enter the
income for (your line of work) screen where you can enter this income as
Other self-employed Income.
See the sample screenshot attached below.
