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Deductions & credits
My husband has a beauty shop with 3 self contracted people who he has provided 1099's for each year.
Where does information from the 1099-K showing all the paypal payments for all these contractors go on schedule c?
Is this paypal payment amount, which includes everyone's fees, added into gross profits and then deducted within the expenses list?
Thanks.
‎October 19, 2020
3:59 PM