Question

I received an IRS notice that I need to amend my 1099K for the 2018 tax year (filed in 2019). can turbotax help me do that?

Forum|Forum|4 years ago
September 16, 2021
1 reply
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So the IRS says I owe taxes for 2018 because they received notice from PayPal of a 1099K showing I made over $23k through them that year. I want to know how I can amend my 1099k on turbotax to show what I actually owe based on my expenses from my business versus that revenue.

TurboTax Deluxe Online

Employee

You didn't fill out Schedule C for self employment business income? You need to amend and add a Schedule C for the income and expenses.

How to amend a 2018 online return. You will need to use the Desktop program and a full Windows or Mac computer to install it on.

https://ttlc.intuit.com/community/tax-topics/help/how-do-i-amend-my-2018-turbotax-online-return/00/961385

karidaluvAuthor

Correct. I didn't know I was supposed to file as a business with that 1099 from Paypal for 2018 so I only filed individual taxes for that year.

Amending even after receiving the notice will work?