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merging two or more 1099k in Sch C

Babu Philip
Level 1
 
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5 Comments 5
clr600
Level 8

Just create a second copy

 

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Accountant-Man
Level 12

Or don't bother with the 1099Ks and just the numbers together to enter on the Sch. C.

** I'm still a champion... of the world! Even without The Lounge.
TaxGuyBill
Level 15

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.

Babu Philip
Level 1

Thanks

 

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Babu Philip
Level 1

Thanks

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