In TurboTax Online, to report Personal item sales, follow these directions.
Down the left side of the screen, click Federal.
Down the left side of the screen, click Wages & Income.
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In TurboTax Online, to report Personal item sales, follow these directions.
Down the left side of the screen, click Federal.
Down the left side of the screen, click Wages & Income.
Click to the right of Other Common Income.
Click to the right of Form 1099-K.
At the screen Did you get a 1099-K?, select Yes.
At the screen How would you like to upload your 1099-K? click Type it in myself.
At the screen Which type of income is your 1099-K for, select the button for Personal item sales. Click Continue.
At the screen Let's get the info from your 1099-K, enter the information. Click Continue.
At the screen Personal Item Sales, select All items were sold at a loss or had no gain. Click Continue.
The entry will be reported on Schedule 1 of the Federal 1040 tax return.