Apparently there is a bug in the update of 9/12/24. When will this be fixed??????? I do not have a 1099K, but it keeps looping back that. Very annoying.
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There is no time frame at this point. The issue has been reported, however.
After spending an hour and 10 minutes on the phone with tech support on Friday, I was told that there had been no reports of this "bug". More importantly, the tech finally suggested that I must upgrade to Home & Business software, because TurboTax Deluxe no longer supports Schedule C! I said I had been using the same version of TT for over 10 years, and it does support Schedule C. He said it was never supposed to, and they had just figured it out. I don't believe this for one minute. AND, what I was calling about was the 1099-misc to 1099K looping problem!
I'm very disappointed with Turbo Tax about this.
In the meantime, I figured out I can manually plug in expenses to my Sched. C.
May have to consider different software for 2024.
Here is a workaround that has worked for a few other people. Give it a try.
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