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Investors & landlords
They're both basically the same. You can ignore the 1099K and enter it as Other self employment income or as Cash or General income. You don't need to get a 1099NEC or 1099Misc or 1099K. Even if you did you can enter all your income as Cash. Only the total goes to schedule C.
And you can prepare and file the 1099NEC on Turbo Tax.
‎January 17, 2024
9:00 AM