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Business & farm
duplicate post
Google pay (formally wallet) has no option ... if the min requirements to issue a 1099-K are met they must do so per the IRS regs. Now if this is truly NOT a business this friend needs to keep excellent records to refute any IRS letters in the future if they choose to ignore the form OR just report it on a Sch C and take a like amount as expenses to zero out the reported amount.
‎December 5, 2019
6:03 AM