My 1099K from Square for credit card payments. This income is in Quickbooks which was transferred to Turbo Tax. Do I have to list my 1099K from Square?
My 1099K from Square for credit card payments. This income is in Quickbooks which was transferred to Turbo Tax. Do I have to list my 1099K from Square?
No, you do not need to enter your Form 1099-K from Square if the income was already included in the amount transferred from Quickbooks to TurboTax. If you entered the Form 1099-K, you would be doubling that income.
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