I used 10 different sports books in 2021. My win loss statements combined from the 10 sports books shows a win of 2500$… but PayPal says I made 95 grand.. obviously not correct.
If you back out all deposits I made into Sportsbook , it is around 7k total. Which again is no where 95k.
PayPal has not sent me a corrected one but maybe I will contact tomorrow to see if they would look into that to account for the payments made to the Sportsbooks
I was looking in to my 2022 return today but did not see anywhere to add a 1099k but also zero it out. So if you find those instructions. Please post.
