Vanessa A
Expert Alumni

Investors & landlords

You can enter the 1099-K on your return, then you can issue your collaborator a 1099-NEC then report the amount you issue to her as a business expense under contractor labor.  This will remove the income from your return.  You can issue the 1099-NEC through this TurboTax link

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"