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April 15, 2025
Question

ERROR WITH EBAY 1099K

  • April 15, 2025
  • 1 reply
  • 0 views

I keep getting an error and have to recheck my eBay 1099 when I have entered everything correctly. I check all items sold at a loss. There is nothing to dispute. I cannot understand this and it's preventing me from filing. I HATE TURBOTAX

    1 reply

    April 15, 2025

    You are reporting an IRS form 1099-B and personal item sales and reporting that all of the items were sold at a loss or had no gain.

     

    Consider removing the IRS form 1099-B and re-entering as Other at the screen Which type of income is your 1099-K for?

     

    At the screen Let's get the info from your 1099-K, select This amount in box 1a is too high or includes some personal transactions.  Enter the amount in box 1a.

     

    The amount is reported at the top of Schedule 1.

     

     

    Retain your records with your income tax files should a tax authority have a question at a later time.

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    jms150Author
    April 18, 2025

    I think I ended up doing this. It's all blur but I got it filed. Thank you for helping. I guess it makes sense that if all were sold at a loss it's not income