If you have two different 1099-K's that overlap earnings, then you would not enter both of them as they are. If one of them show ALL the income, just enter that one. Otherwise, you will overstate your income and likely pay too much in taxes.
If neither report ALL of your income, you will need to enter your income from your own records and not use the 1099K. This will allow you to report the correct amount. If you sold items and this is not a business, you will report it by taking the following steps:
- Federal
- Income
- Show More next to Investment Income
- Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
- Select Other
- Continue through and select Other again for the type of investment
- Answer how you obtained the items you sold
- You will need to enter the selling price, dates and the cost basis of the items
If this is a business, then you will report the income using TurboTax Self-Employed walking through the business income section.
Keep both 1099-K's for your records along with documentation/notes/etc. to prove that it is the same income.
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