Hello,
Because of the new IRS tax law regarding 1099-K's (https://www.irs.gov/businesses/understanding-your-form-1099-k), PayPal will be issuing me a 1099-K in January for payments I received this year. However, the payments I received were gift funds from family, but they were sent as if I was selling goods. Is there any way I can make sure I can tell the IRS in my tax return for next year that these payments should not be considered payments for goods?
Thank you.
