1099 K

[lizam1]

I am a parent team manager for my sons athletic team. I administer an interest free, business checking account at a local bank which collects monies from parents and pays coaches and any fees associated with playing. There is no profit gained and it zeros out at the end of the season. I do not make any money for handling this.  Many parents pay through Square and I have received a 1099K from them as my SS# is used on the bank account.

How do I handle this??

[Vanessa A]

On the screen where you enter the 1099-K, under box 1a, it says this amount is too high or includes some personal transactions.  Right below that you can enter the amount that shouldn't be included.  If the entire 1099-K was for the team thing then you can enter the entire amount.