My 1099K is correct because it’s all the “income” or money I withdrew from PrizePicks. But it doesn’t cancel any of the negatives so I’m basically using money that was already taxed to gamble with. Lost more than I won. Withdrew money that I did win at times and now that’s being taxed on PayPal but if I just sent my money straight to my bank account none of this would be happening because I wouldn’t have received anything from PrizePicks because I LOST more then I WON.
