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1099-K issued in error
I searched through previous posts but didn't find anything exactly the same.
Received 2 personal payments from family member equaling $2800 - she is tech inept and sent accidentally as goods and services rather than gift to family/friend. Paypal took fees off $2800 and issued us a 1099-K. We have since talked to them and they have refunded the payments (including their fees) to the family member from our account. However, they have declined to issue a corrected 1099 since they claim the payments from family member were received in 2021 but refunded in 2022. Any advice on what to do with this completely in accurate 1099-K?
Thank you in advance!
March 30, 2022
10:22 AM