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Form 1099-k
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billr617
Level 3
02-03-2024
08:47 AM
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I have a client that received 1099-k from paypal for ticket sale proceeds. I entered the info as other income and checked the box saying that the amount was incorrectly reported as it was not all income on the federal return. When I go to the Mass. state return the gross income, not net is reported as income on Schedule x. The federal took the net income correctly. Any ideas? Thanks!
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billr617
Level 3
02-03-2024
08:59 AM
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As an update, if I check the hobby income box the amount does not transfer to Mass. but the Schedule 1 on the federal return does not populate the figures form the 1099-k.
