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1099-K Electronic Payment Facilitator/Third Party Network for my S- CORP.
my scorp got a 1099-k from a EPF
This is literally not income... I do not receive any money from this organization. It is a "wholesale platform" where I am just an administrator. The total is $2399 so under the reporting threshold except I live in NC where I understand the threshold for reporting is > 600 for 2023. There is no obvious place to enter this in TT and to reiterate, I did not "earn" ANY MONEY from these sales. Do not want to include it in line 1a income for that reason. I am literally a "pass through entity"???
Any help appreciated!
‎February 25, 2024
6:58 AM