Form 1099-K

Form 1099-K


Tax Slayer entry:

Federal Section > Income > Profit or Loss From a Business (Schedule C) > Income

  • This form reports credit card payments for self-employed income over $20,000.
  • All entries are made  on Schedule C as Gross Income. There is no Form 1099-K input page.
  • If an amount is present in Box 4 or 8, instead create a 1099-MISC to record the income and withholding amounts.