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zookeper
New Member

When I enter my 1099k deduction for state taxes that ebay collected but is in my gross what do I call it?

Like if I deduct shipping I call it shipping cost,  just not sure how to accurately call the buyers taxes collected but are included in my gross. Ty
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DawnC
Employee Tax Expert

When I enter my 1099k deduction for state taxes that ebay collected but is in my gross what do I call it?

Yes, Line 23 of Schedule C is where it goes.   But don't enter it on the same screen as the 1099-K.   In TurboTax Online, select Add Expenses for this work and choose the Taxes and Licences category.    So, you are entering like any other business deduction.    TurboTax will put it on LIne 23 of your Schedule C automatically.  

 

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MinhT1
Employee Tax Expert

When I enter my 1099k deduction for state taxes that ebay collected but is in my gross what do I call it?

The state sales taxes collected by Ebay and paid on your behalf can be deducted as a business expense under Taxes and Licenses.

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zookeper
New Member

When I enter my 1099k deduction for state taxes that ebay collected but is in my gross what do I call it?

So I put that in line 23? Another turbo pro told me to just enter it as a deduction as any other. Now I am confused.

DawnC
Employee Tax Expert

When I enter my 1099k deduction for state taxes that ebay collected but is in my gross what do I call it?

Yes, Line 23 of Schedule C is where it goes.   But don't enter it on the same screen as the 1099-K.   In TurboTax Online, select Add Expenses for this work and choose the Taxes and Licences category.    So, you are entering like any other business deduction.    TurboTax will put it on LIne 23 of your Schedule C automatically.  

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

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