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March 31, 2025
Question

1099k is from stripe. That income is already on my Sch C. turboTax is showing this as income twice. Do I need to enter the 1099K on my return?

  • March 31, 2025
  • 1 reply
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    1 reply

    March 31, 2025

    No, if you've already included this income in Schedule C, you do not need to enter the amounts from 1099-K again.  Save the 1099-K with your records.

     

    See this article for more information: IRS Form 1099-K: What Online Business Owners Should Know

    johnoxwiAuthor
    April 2, 2025

    I did get my question answered.  This was VERY helpful and it's what I thought but good to have another viewpoint.