I received a 1099-K from SeatGeek for sales of sports tickets. That 1099-K covers over120 separate sales - most in the $20 range. I entered the 1099-K info under Other Common Income / Info from 1099-K, and now, under Investments / Stocks etc., need to enter each sale one-by-one until the sum of the proceeds equals the gross amount shown on 1099-K, Box 1a. Is there any bulk way to handle entering the Indvidual sales data that such as a CSV import? It is a lot of grunt work to manually enter all 120 sales - three screens each. An import directly from my records also would prevent the inevitable typo that fouls up the works.
By the way, while I'm well under the federal $20,000 1099-K threshold for personal sales, I got tripped by the NJ $1000 limit for 2023.
If you have 120 ticket sales, this almost sounds like a business. If so, then you can enter it in the business section of TurboTax Home and Business or Premier Online as business income. In this situation, you would not need to enter anything in the investment section.
If it was a sale of your personal collectibles, then when you are entering it in the investment sale, you can simply choose "Something Other than a date" then Various or more than one date and enter the lump sum total for all sales combined. This will keep you from having to do one by one. You cannot import a spreadsheet into sales unless you are doing cryptocurrency.
If you have 120 ticket sales, this almost sounds like a business. If so, then you can enter it in the business section of TurboTax Home and Business or Premier Online as business income. In this situation, you would not need to enter anything in the investment section.
If it was a sale of your personal collectibles, then when you are entering it in the investment sale, you can simply choose "Something Other than a date" then Various or more than one date and enter the lump sum total for all sales combined. This will keep you from having to do one by one. You cannot import a spreadsheet into sales unless you are doing cryptocurrency.