Sched C worksheet - income NOT on 1099-NEC or 1099-MISC - should also say NOT on 1099-K?

[soul23]

In TT Deluxe 2023, on the Schedule C worksheet/EasyStep, it requests the following information:

- gross receipts "not reported on 1099-NEC or 1099-MISC"

- 1099-NEC income

- 1099-MISC income

- 1099-K income

The way the question is worded, 1099-K income (that does not include 1099-NEC or 1099-MISC income) should be included in "not reported on 1099-NEC or 1099-MISC." But if you do that, it gets counted twice. For simplicity, I did a dummy return assuming gross receipts of $10,000, all of which was reported on a 1099-K that does not include 1099-NEC or 1099-MISC income. Sure enough, entering $10K "not reported on 1099-NEC or -MISC" (true) and $10K "reported on 1099-K" (true) yields a gross income of $20K (false).

So it seems that the question should be worded "gross receipts or sales NOT reported on a 1099-NEC, 1099-MISC, **OR 1099-K**. Otherwise TT will overreport income.

Is this correct - meaning Intuit should re-word this question ASAP - or am I missing something? Thanks.

[AnnetteB6]

Yes, that question should be reworded to say that you should not include 1099-K income already entered elsewhere.  You only need to enter each type of income one time or it will be doubled.  

[soul23]

Thanks - it seemed that must be the case. 

Do you have any power to get Intuit to make that wording change ASAP?