1099-K For sale of personal items, where enter? Proseries wants to link to C, E, F. I'd think B.

[Colmatt]

Received 1099-K for $2000+ sales of personal items.  On-line tag sale items if you will...System wants me to link to C, E, F...I would think maybe D sale of asset and it would end up washing to 0.  Could set up on C I suppose as hobby selling misc items.  Advice please.

[Ernie · Accepted solution]

Did they sell these items for more than they purchased them?

[Colmatt]

Definitely not

[Ernie]

I would make sure they have that documented.  Then I would put it on Schedule C as that is where the IRS is going to look for it.  I would enter COGS of the same amount.

You may other opinions.