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New Member
posted Feb 19, 2022 7:11:46 PM

I imported my income from quicken self employed. Do I need to enter a 1099-K that includes that info? I am concerned about a double entry.

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2 Replies
Expert Alumni
Feb 19, 2022 7:28:11 PM

No, you do not have to specifically report your 1099-K.  As long as your Quicken account had all your income reported you are good to go!

Level 3
Feb 1, 2023 1:36:26 PM

Thanks so much for this answer! I've been doing our family taxes for years, and this time PayPal sent my husband a 1099-K. My husband's business is a dba, and I carefully track all personal and business transactions daily in Quicken. I imported all the Quicken data into TurboTax, then entered that 1099-K. I just about panicked when I saw the Tax Due double after I put in that 1099-K. I like those numbers better now that I have deleted the 1099-K again.