OK. But doesn't IRS match up the 1099-K report that they have with the Tax Payer's 1099-K reporting of "Business income"?
If the 1099-K reporting of "Business income" is missing, doesn't that raise a red flag?
They see that the Tax payer reported 1099-MISC income, but that could be for something else. They could still be waiting for the Tax payer to report on the 1099-K....?
