2343828
Hello,
I have received a 1099-k from PayPal and not sure where to input this. The money is from the sale of personalized/customized Yeti cups and Personalized T-shirts. I spend money on the materials to create these things(cups, t's and vinyl stickers). The link that asked about the 1099-k does not allow me to input this info. Other places I've seen about reporting the sale of personal goods. Only talks about inputting info as if it was a stock. It asked me about a brokerage and only list bank type companies(not PayPal). I do not have an LLC or anything like this. Thank you in advance.
You'll need to sign in or create an account to connect with an expert.
You do not enter a 1099-K directly, you enter the income in the area for that type of income. In your case it is self-employed income and entered on a Schedule C. You need the Self-Employed online version, or Home & Business desktop version for the schedule C so you can deduct expenses.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Emmanuellecal
Level 1
cindi
Level 2
satelliteguru
New Member
Schylerk
New Member
mootzie55
Level 2