Add Schedule C
Use the + icon to add Schedule C if it is not already on the return.
Enter Business Information
Input details related to the 1099-K, such as:
Side hustle
Side gig
Freelance work
Enter Business Code, Income & Expenses
Accounting Method: Usually cash, but confirm with the client.
Material Participation: If the client actively worked in the business, select Yes.
1099 Requirement: If they paid anyone $600+, they may need to file 1099s—confirm with them.
Link the 1099-K to Schedule C
On Line 1 (Gross Receipts or Sales):
Click the gray triangle → Click the paperclip icon to attach the form.
If the client has a 1099-K, 1099-NEC, and 1099-MISC for the same business activity, link all to the same Schedule C.
Enter 1099-K Income Details
Click New
Click Scratch Pad to report 1099-K income
Under Type, enter the payer or source of the 1099-K
Under Amount, enter the income amount
📌 Note:
If the client has multiple 1099s (NEC, MISC, or K) along with cash payments, link the appropriate forms and use the Scratch Pad to ensure the correct total revenue is calculated on Schedule C Gross Income line.
📌 For a step-by-step tutorial, check it here:
Tutorial: How to link a 1099 K to a Sch C