Form 1099-K Credit Card Payments & Third Party Network Transactions

Form 1099-K income:

• Form 1099-K does not have a separate listing/input page .

• Amounts from Form 1099-K are entered directly into the appropriate Schedule.

-Schedule C, as Gross Receipts or Other Income

-Schedule E, as Income.

• When the Form 1099-K income includes more than one business/activity, you must allocate the amount of income that belongs to each separate activity/business.

Optional:

Preparer Notes or Elective Notes (whichever is applicable) may be added.

These notes will be included with the filed return. Note: This is optional, not required.