1099K from paypal

rickmaxlove — Mon, 23 Feb 2026 13:11:06 GMT

sold tickets on stubhub and money sent to PayPal, which looks like income, but actually took a loss on the tickets. Not sure where that is taken into consideration

Re: 1099K from paypal

Vanessa A — Mon, 06 Feb 2023 23:12:52 GMT

You would enter the sale in two parts. First by entering the 1099K, then you will switch over to investments and fill out the information on the sale.

You will do this by selecting the following:

Federal
Income
Show More next to Other Common Income
Start next to Income from Form 1099-K
Enter your 1099-K

Next you will select

Federal
Income
Show More next to Investment Income
Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
Select Other
Continue through and select Other or Personal for the type of investment
Answer how you obtained the items you sold
You will need to enter the selling price, dates and the cost basis of the items

This will allow you to remove the profit from the sale.

topic 1099K from paypal in Self employed

1099K from paypal

Re: 1099K from paypal