MindyB
Expert Alumni

Retirement tax questions

Yes, but there is an option to report that this amount shouldn't be included.

 

  1. Navigate to Federal > Wages & Income
  2. Choose 1099-K under Other Common Income
  3. Enter the information from the 1099-K
  4. Check the box that says, This amount in box 1a is too high or includes some personal transactions
  5. Enter the amount that shouldn't be included