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1099 K Payment Card Third Party Pass Thru
Our website processes transactions for a client. We get paid a set fee and the balance is transferred back to the client.
Example
Item A Costs: $19.95 ( Credit Card)
Transaction Fee: $3.95
Net: $16.00 is returned to our client
1099K Reflects $ 19.95 how do I report that the fact that $ 16.00 was returned to my client
‎January 29, 2020
1:09 PM