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I FOUND THE RIGHT ANSWER!
And it's a totally stupid one.
My 1099K had cents amount on it. TurboTax rounded it up -- and got tripped by its own rounding. If, when entering 1099-K, I enter the rounded amount in the first place, everything works!
This looks like a TurboTax bug, with a fairly easy (but unobvious) workaround.
Stop what you are doing and delete it all.
Then follow these instructions ... do NOT enter the 1099-K in the 1099-K section at all ... use the general income section instead in the Sch C income entry section. Enter the income and then simply make a other misc expense entry for the same amount using any descriptor you wish. This will report the income yet zero it out at the same time ... a win-win.
Thanks. If TurboTax help doesn't come through with a better solution (how messed up, they make it IMPOSSIBLE to simply say that the whole amount is wrong -- that "check all" checkbox is not clickable!), I will follow your suggestion.
I FOUND THE RIGHT ANSWER!
And it's a totally stupid one.
My 1099K had cents amount on it. TurboTax rounded it up -- and got tripped by its own rounding. If, when entering 1099-K, I enter the rounded amount in the first place, everything works!
This looks like a TurboTax bug, with a fairly easy (but unobvious) workaround.
Thank you i wasted so much time on this! Many thanks.
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