turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

TurboTax Online asking to double-click to link to Schedule C. I have one 1099-K, but imported additional credit card income separately under 1099-K (no 1099-K issued).

I'm self-employed and have 2 credit card processors. I was issued a 1099-K from one, not the other because it didn't meet the requirements. Is this happening because I imported the credit card income that didn't have a 1099-K? Should I have entered the extra cc income under other income?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies
JamesG1
Employee Tax Expert

TurboTax Online asking to double-click to link to Schedule C. I have one 1099-K, but imported additional credit card income separately under 1099-K (no 1099-K issued).

You are not required to report the credit card income separately.  You are not required to enter the credit card income under other income.  

 

However, if you do report the credit card income separately, the credit card income not reported on an IRS form 1099-K may be reported under an income line within the self-employment activity.

 

 

The credit card income which is reported on an IRS form 1099-K may be entered within the self-employment activity.  In TurboTax Online, follow these steps.

 

  • Down the left side of the screen, click Federal.
  • Down the left side of the screen, click Wages & Income.
  • Click the down arrow to the right of Self-employment.
  • Click to the right of Self-employment income and expenses.
  • At the screen Your 2024 self-employed work summary, click Edit to the right of the self-employment activity.
  • At the screen Here's your info, select Add income for this work.
  • At the screen Let's enter the income for your work, select Form 1099-K.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

TurboTax Online asking to double-click to link to Schedule C. I have one 1099-K, but imported additional credit card income separately under 1099-K (no 1099-K issued).

Thank you!

TurboTax Online asking to double-click to link to Schedule C. I have one 1099-K, but imported additional credit card income separately under 1099-K (no 1099-K issued).

I’m still stuck at “Check This Entry” A link to Schedule C or another source for the amount reported in box 1 must be selected…..Otherwise check the box that applies to this income.

There is a blank box next to Schedule C. I don’t know what to enter there. I’ve tried entering the amount on the 1099-K, but it keeps circling back to “needs review.”

TurboTax Online asking to double-click to link to Schedule C. I have one 1099-K, but imported additional credit card income separately under 1099-K (no 1099-K issued).

I’m good, I just had to upload the 1099-K again.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question