Regarding the 1099-K reconciliation worksheet, the system is saying "Incorrect amount plus personal property loss sale amount should not exceed the amount in box 1." However, I have ZERO as the incorrect amount and EXACTLY THE AMOUNT of box 1 as the amount sold at a loss - not sure how that could add up to more than the amount in box 1. I have tried deleting and re-adding the 1099-K, and I tried processing with a zero and with a blank for the incorrect amount. The only thing I can think is that there's some glitch here, maybe with rounding. The amount is box 1 includes cents, and the gross amount carried forward into the reconciliation area is rounded (up). Any suggestions?!
