If I filed a 1099-K and deducted all necessary expenses, with the government now owing me money over $3000 would I be given that money or not?
Yes, you will receive your refund.
Every business has operating expenses, and a sole proprietorship is no different. As long as your expenses are "ordinary and necessary," in the parlance of the Internal Revenue Service, you can claim them on your tax return.
If I filed a 1099-K and deducted all necessary expenses, with the government now owing me money over $3000 would I be given that money or not?
Yes, you will receive your refund.
Every business has operating expenses, and a sole proprietorship is no different. As long as your expenses are "ordinary and necessary," in the parlance of the Internal Revenue Service, you can claim them on your tax return.
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