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Never reported PayPal earning from 2014-2015. Didn't know it was SE tax and whatever earn over $400 need to be reported. Can I amend my 2014 and 2015 tax return in 2019?
Hi guys,
So, in a huge problem, I think there is a chance of me being audited in the future and to make things right before the audit, I want to pay all of my due taxes and come clean.
So as the question asks, I have an earning of around $7000 in 2014 and $10000 in 2015 that I never reported from PayPal since they didn't issue 1099-k but I later realized it is my obligation to report all my income whatever I make and it is considered self-employed income. So do I still have a chance of amending my 2014 and 2015 tax return to include this SE taxes?
Any help would be appreciated and thank you for helping.
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‎June 1, 2019
1:37 PM