Micah has a collection of sneakers. He needed some cash to buy more sneaker. so...
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Accounting
Micah has a collection of sneakers. He needed some cash to buy more sneaker. so he sells some of his sneaker. He sold 10 pairs of sneakers for 5,000 He originally paid 3,200 for those sneakers. He received a Form 1099-K. How would you treat this Form 1099K in BlockWorks to achieve proper pricing
Enter the information directly on SchD/8949
Enter the information directly on Schedule 1 Form 1040 line 8
Enter the information on the Form 1099K input screen, select incoe to Sch D
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