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Sorry this is lengthy. But my situation is apparently too complicated for TaxSlayer, so from recommendations here- i tried FreeTaxUSA.
I have more than one 1099-INT and a 1099-DIV with $0 (an account I transferred to new one has $0.96 as interest income). I tried entering it and run into error because there are only 0s.
My 1099-K from Poshmark sales can’t be entered because it’s requiring a Schedule C. When I complete that- it says I have a loss because I started the year with the most items in my shop, sold items quickly once posted during the year, and ended up with not much left in my store. Which is considered a loss. So there is a 1040 and I’m just not sure if I’m reporting the income correctly due to it being Third Party Network transactions.
My 1098-T cannot be submitted because I don’t qualify for education tax credits due to my income. Will I get in trouble if there was no way to enter the form?
In general, if income forms have amounts less than $1, do I just not report them?
Edit: I only made $1200 in sales on Poshmark
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