TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Question

For a 1065 (llc partnership). I recieved a 1099-k. all the money is accounted for in my bookeeping. do i need to enter the 1099-k anywhere?

Forum|Forum|11 months ago
April 12, 2025
1 reply
0 views

I'm working on my 1065 for my llc partnership. I have a 1099-k and a 1099-NEC. The amounts for both of these are already accounted for in my bookeeping. Do I need to enter these?

Employee

No. As long as you reported as least as much income as is reported on the 1099 forms, you have met the IRS requirements. Form 1065 doesn't report how the income was reported to your business.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"