How do I enter a 1099-K for self-employment income?
by TurboTax•366• Updated 2 months ago
You can enter the income reported on your Form 1099-K (along with any cash or checks you received) as self-employment income on Schedule C.
This is different from entering a 1099-K for personal items sales or hobby income.
Here's how to do it, using TurboTax Online Premium:
- Open or continue your return.
- Go to Schedule C.
- Answer the questions about your business and its expenses until you get to the Here’s your info screen.
- If you’re returning to Schedule C, select Review or Edit next to your work and then answer the questions about your business.
- Select Add income for this work.
- On the Let's enter the income for your work screen, select Form 1099-K and Continue.
- Enter your 1099-K info.
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