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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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.
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