The 1099-K is not a required form to be entered into TurboTax. It is an information return sent to the IRS and a copy to the merchant prepared by Amazon and other businesses that showed merchant credit payments processed.
For importing 1099-Bs follow the instruction below:
Hi,
Thanks for reply with the solution to Import the 1099 from the TDAmeriTrade . For the same I found in the Link in the Turbo Tax itself and it is done.
But now I am unable to do the same for the 1099-K Recd. from the Amazon Payment, Inc. for selling goods Online. As this topic falls under SELF EMPLOYEED-Income, I could not find the link to Import the same into Tubro, though I have the Physical Documents with me.
Do I need to fill in the details manually or is there any way to import the same into TURBO.
Please advice, Thanks,
No you don't enter the 1099K. Yo just enter your total self employment income on Schedule C.
How to enter income from Self Employment