CombatWombat
Returning Member

Home loans

Still not finding clarity. Using Home & Business.

 

I have a single 1099-k from ebay. I have just an SS, no EIN. I sold personal items, I sold silver coins eligible for deductions as investments and I sold items in a retail business classification.

 

The instructions in TTax are as follows:

 

If you have income from multiple sources or businesses on one Form 1099-K, you’ll need to enter info from this form more than once.

How to enter income from your 1099-K:

  1. Choose one business or type of work on your 1099-K
  2. Enter all transactions related to that business or work
  3. Continue to the Your 1099-K summary screen. The work or transactions you just entered will be listed there
  4. Then select Add a 1099-K. You can enter another type of work. Keep doing this until you have entered all the income on your 1099-K

Am I supposed to input 3 separate entries with the proportional amount that totals up to the amount in box 1a?