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Get your taxes done using TurboTax
I received a 1099k from PayPal. I used PayPal as basically a virtual wallet for online gambling. I'd deposit an amount, withdraw an amount and so forth. I was in the negative by A LOT on my win/loss statements from the casinos so it is definitely not income.
The negative amount I entered for my federal return offset and put me back into the green However it did not follow to my state return. Which has left me with a $2700 tax owed for state. Obviously the extra 1099k amount is indeed not income, but just needed to find a way to offset it/zero it like I did for my federal.
If I have to print and mail it, then so be it. My state return (including 1099k offset/zero) would only be for about $6 anyway.
@JamesG1 I guess mailing it will be my only option?