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posted Jun 4, 2019 2:00:15 PM

Do I need this form?

I had a business for about 3 months before I closed it. I did have a credit card reader to accept payments. I did not fill out a 1099 k form. Do I need to do that before filing my return?

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Level 3
Jun 4, 2019 2:00:17 PM

You do need to fill out a Schedule C, which you do in Business Income and Expenses in Turbo Tax Self-Employed.  Mark that the business was disposed of in the Business Profile section.

You don't have to fill out a 1099-K form for yourself; just report all income that your business received. 

1 Replies
Level 3
Jun 4, 2019 2:00:17 PM

You do need to fill out a Schedule C, which you do in Business Income and Expenses in Turbo Tax Self-Employed.  Mark that the business was disposed of in the Business Profile section.

You don't have to fill out a 1099-K form for yourself; just report all income that your business received.