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 Federal. On smaller devices, click the menu icon in the upper left-hand corner, then select Federal.
2. Click Business Income in the Federal Quick Q&A Topics to expand the category, and then click Business income or loss from a sole proprietorship
3. Click +Add Federal Schedule C 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 Federal. On smaller devices, click the menu icon in the upper left-hand corner, then select Federal.
2. Click Rent or Royalty Income in the Federal Quick Q&A Topics to expand the category, and then click Real estate rental income
3. Click +Add Federal Schedule E to create a new copy of the schedule or Review to review a schedule already created. 
4. In the property type drop-down menu, select the appropriate description. Click Continue.
5. Continue through the interview screens until you reach the screen titled Business Income - Income, then click Yes
6. Click Continue or No until you reach the screen titled Rental Income - Form 1099-K, then click Yes
7. 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 Federal. On smaller devices, click the menu icon in the upper left-hand corner, then select Federal.
2. Click Business Income in the Federal Quick Q&A Topics to expand the category, and then click Farming income or loss
3. Click +Add Federal Schedule F 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