mixed types of income on 1099-K

Mike1127 — Tue, 04 Feb 2025 06:29:32 GMT

My 1099-K's from both Ebay and Paypal have mixed business and hobby income. I can do this in Turbo Tax, right? Do I just split the amounts of business and hobby and enter as if it were two separate 1099-K's?

Re: mixed types of income on 1099-K

LeticiaF1 — Tue, 04 Feb 2025 15:31:22 GMT

If your 1099-K's have mixed income from business and hobbies, you are correct in that you’ll need to enter information from the forms more than once. The forms that are for business are entered differently to the ones that are for hobby or personal items. As you enter the forms, you should enter the amount only related to that business or hobby. To do this, see the TurboTax help articles below for each of the situations:

topic mixed types of income on 1099-K in Business & farm

mixed types of income on 1099-K

Re: mixed types of income on 1099-K

How do I enter a 1099-K for self-employment income?

How do I enter a 1099-K for personal item sales?