Had a user not to long ago that was using Google Wallet for personal reasons not realizing it was intended for business reasons. Friends would put money in the wallet so the friend could buy things online for them on their behalf. Was shocked with they got a 1099-K from Google for more than $30 of "income" deposited to the account. Since the IRS has a copy of that same 1099-K, they now have a mess and as far as the IRS is concerned all that money is business income and taxable, unless they can prove otherwise. Just hope this person has all their receipts for the things they purchased and "sold" to the individuals that gave them the money for that purpose.
