burrito143333
Returning Member

Get your taxes done using TurboTax

I need help. I received a 1099-k from paypal for 2021 for third party networks (online casinos like fanduel, draftkings, etc) for about 42k. I did not win this total amount at all…I am prolly at a loss rather than a win. This was money i withdrew from my balances on the casino apps and transferred to my bank account or use the paypal balance and use it on the casino app and doing a lot of back and forth for that. What do i do with this 1099-K? I obviously don’t think this is income at all…help :(