TaxGuyBill
Level 15
12-29-2020
08:15 PM
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As was noted, you do not need to enter a 1099-K into the software.
And certainly don't rely on the amount on the 1099-K as income. The actual business income may be higher or lower than what is shown on the 1099-K. You need to ask the client what their gross income was, and enter that number. Ignore the 1099-K.