Under General Business Income, the note at the top of the page states "If you have income from sales or services that was not reported on Forms 1099-MISC, 1099-NEC, or 1099-G, enter it below. You can also use the fields below to enter income reported to you on Form(s) 1099-K. Learn More"
Clicking on Learn More gets "...You can use these fields to report the income from your 1099-K(s) for this business. Note: Be sure to subtract out any amounts not considered income (i.e. cash backs) and only include income for this business before reporting the amount on your 1099-K."
So I entered the amounts from different income streams on the General Business Income page (e.g. $8000), and the 1099-K amount on the 1099-K page (e.g. $7800). Fine. On the main Business Income page it shows the amount from the General Business Income page as the General Income amount, and $0 for the 1099-K Income amount. All good. BUT...
On the following page (the main Business Income and Expenses page), it shows the combined numbers instead (e.g. $15800). Going to the Forms View for that page (Schedule C form), it shows the General Business Income amount for line 1a and the 1099-K amount on line 1d, and line 1e shows the combined amount (e.g. $15800) and that carries forward to line 1g. The instruction for 1e is "Receipts or sales from line 1a, 1b, and 1c." 1b and 1c are blank, so it should only show the amount from 1a (e.g. $8000, NOT $15800), but appears to be including 1d in the calculation, so appears to be a bug in the program where it calculates and fills out Schedule C line1d.
Unfortunately, it won't let me edit line 1e on the Schedule C form. So need suggestion on how to fix Schedule C.
