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New Member

On my 1099-K, there is an amount amount in 1a & 1b, do I include both in my income, or is the amount in 1b already totaled in 1a?

the amount in 1a is $183,773  however the amount in 1b is $32,878. Do I list both as my income, or does 1a already include 1b?

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New Member

On my 1099-K, there is an amount amount in 1a & 1b, do I include both in my income, or is the amount in 1b already totaled in 1a?

You'll need to report both boxes in TurboTax.  The boxes report different amounts based on how the credit card data was entered by the customer.  Please follow this link for more information.  https://www.irs.gov/pub/irs-pdf/i1099k.pdf


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New Member

On my 1099-K, there is an amount amount in 1a & 1b, do I include both in my income, or is the amount in 1b already totaled in 1a?

Box 1B is included in box 1A.    See this explanation from a card processor:

https://merchantservices.chase.com/content/dam/chase/merchant-services/support/us/documents/1099-K-E...