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Form 1099-K Merchant Card and Third-Party Network Payments must be entered in to the TaxACT program through one of the following schedules:

Schedule C:

1. From within your TaxACT return (Online or Desktop), click on the Federal Q&A tab
2. Click Business Income to expand the category, and then click Business income or loss from a sole proprietorship
3. Click Add to create a new copy of the schedule or Review to review a schedule already created
4. Continue through the interview screens until you reach the screen titled Business Income - Income, then click Yes
5. Click Continue or No until you reach the screen titled Business Income - Form 1099-K, then click Yes
6. The program will proceed with the interview questions for you to enter or review the appropriate information

Schedule E:

1. From within your TaxACT return (Online or Desktop), click on the Federal Q&A tab
2. Click Rent or Royalty Income to expand the category, and then click Real estate rental income
3. If prompted, click Add to create a new copy of the schedule or Review to review a schedule already created. If you are creating a new form, click Rental Income on the screen titled Rental and Royalty Income - Topics.
4. Click Continue or No until you reach the screen titled Rental Income - Form 1099-K, then click Yes
5. The program will proceed with the interview questions for you to enter or review the appropriate information

Schedule F:

1. From within your TaxACT return (Online or Desktop), click on the Federal Q&A tab
2. Click Business Income to expand the category, and then click Farming income or loss
3. Click Add to create a new copy of the schedule or Review to review a schedule already created
4. Continue through the interview screens until you reach the screen titled Farm Income - Income, then click Yes
5. Click Continue or No until you reach the screen titled Business Income - Form 1099-K, then click Yes
6. The program will proceed with the interview questions for you to enter or review the appropriate information