topic Where do I report it? in Get your taxes done using TurboTax

Do I need to report 1099k income?

94hotrodlinc — Thu, 06 Jun 2019 07:54:03 GMT

I retired from my own business in Nov. of 2015, but I continued to receive credit card payments into 2016 for merchandise that was purchased the previous year. Do I claim that as income or was it reported at the time of sale?

Yes you will want to report the income from your 1099-K....

AmyW — Thu, 06 Jun 2019 07:54:05 GMT

Yes you will want to report the income from your 1099-K. Since all tax documents are reported directly to the IRS, you will want to make sure that you enter all tax documents with the tax year to which they are received.

Where do I report it?

94hotrodlinc — Thu, 06 Jun 2019 07:54:06 GMT

Where do I report it?

You can enter your 1099-K information by following the st...

AmyW — Thu, 06 Jun 2019 07:54:08 GMT

You can enter your 1099-K information by following the steps in the article below:
<a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/3058222-how-do-i-enter-a-1099-k">https://ttlc.intuit.com/questions/3058222-how-do-i-enter-a-1099-k</a>