To include income reported on Form 1099-K, please follow these steps:
TurboTax Self-Employed (Online)
- Click on Income & Expenses and then click the Start/Revisit box in the Self-Employment section.
- Click Review next to your business.
- On the Here's your [business] info screen, click on the box Add income for this work.
- On the screen, Let's enter the income for your work, mark the radio button next to Other self-employed income. Includes 1099-K, cash, and checks and click Continue.
- Enter the amount on the next screen, Tell us about other self-employed income.
TurboTax Home& Business (CD/Download)
- Click on the Business tab > Continue > I'll choose what I work on
- On the Let's gather your [business] info screen, click the Start/Update button next to Business Income and Expenses.
- On the screen, Let’s gather your business info, in the Business Income and Expenses (Schedule C) section, click the Start/Update button.
- Continue to the Here's the business info we have so far screen. Click on the Edit box next to the business.
- On the Your [business type] Business screen, in the Business Income section, click the Start/Update box.
- On the Business Income screen, click the Start/Update box next to General Income.
- Enter the amount from the 1099-K on the next screen, Any General Business Income?