Here's a quick step-by-step guide to help you through the process:
Access Schedule C Income
From the main menu, scroll to the Income section and click on "ADD/EDIT" next to Income.
Navigate to the 1099-K Entry
Once inside the income section, locate and click the option to Add or Edit 1099-K.
Enter Payer’s Name
In the 1099-K form, input the Payer’s name exactly as it appears on the form you received.
Enter the Gross Amount (Box 1a)
Next, input the Gross amount listed in Box 1a of the 1099-K. This represents the total payments received.
Click "Continue" to Save
Once all fields are completed, click "Continue" to save and move forward with your return.
Want to See It In Action?You can view an interactive demo of the process here:
👉 View Step-by-Step Guide