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PayPal 1099k and TikTok
Hello! I am a creator on TikTok Shop and in 2024 have earned about $11k. The money I earn gets sent to my PayPal - then I withdrawal it into my bank account from there.
I received a 1099k from PayPal and believe I will be receiving a 1099 from TikTok as well.
When I file this year, will I have to add both forms to my tax sheet even though the PayPal one is the only amount I have earned? What will I have to do?
I know this may seem self-explanatory; however, I am uneducated in taxes and want to be prepared.
Thank you.
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‎January 27, 2025
10:05 AM