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How to report refunded Ebay transactions when filing as self-employed?
I sold a few high-price items on Ebay last year, and now I'm having to file as self-employed (schedule C). Needless to say a 1099k form is being filed also, but it doesn't reflect the fact that about 30% of my transactions were refunded (the item was returned). I'm not able to find any place in income expenses to report these refunds. How should I approach this?
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‎June 3, 2019
12:22 PM