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Do I need to file a Form 8275/Schedule 1 to explain why all of 1099-K income was a personal transaction?
Venmo issued me a 1099-K for an amount that was a personal transaction, not a business one. Venmo said they would not issue a corrected 1099-K. I've marked the full amount that shouldn't be included. Do I need to file a Form 8275 or Schedule 1 to explain? How do I do that?
‎February 1, 2025
2:14 PM