Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- Re: Form 1099-k
Form 1099-k
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
billr617
Level 3
02-03-2024
08:47 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
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!
1 Comment 1
billr617
Level 3
02-03-2024
08:59 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
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.
