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New Member
posted Mar 2, 2025 11:52:52 AM

Entered 1099-k details, still getting errors on review

My husband sold some personal items on Ebay last year and received a 1099-K from Ebay for those sales.  I entered it into TTDeluxe, and then per other conversations/help topics created the detail listing of each item sold to give the total gain.  The "Proceeds" of the itemized listing matches the total of the 1099-K entered.

 
 

I have entered all other information for our taxes, so when I get to the "Federal Review" - it says there are errors.

The message is:

Form 1099-B Worksheet (eBay Commerce Inc) - Amount from form 1099-K has an amount from linked forms(s) 1099k, but the sales proceeds on this worksheet don't match the payment amount from form 1099-k.  Add sale(s) on this worksheet with sale proceeds to match the amount reported on form 1099-k.

 

Am I supposed to enter the details multiple times?   

 

 

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1 Replies
Expert Alumni
Mar 2, 2025 12:30:04 PM

Yes. You need to enter this in the investment income section, because there was a gain.  TurboTax will automatically create a placeholder in investment income.

 

  • After completing the 1099-K entry, next navigate to Federal > Wages & Income > Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto) > Add/Edit
  • Select eBay
  • Under proceeds, you will enter the proceeds from the 1099-K
  • You will enter the total amount paid.
  •  Continue on and you will be asked if you paid "sales expenses that aren't included in the sale proceeds reported on the form", here you can report fees, if any