Cj0777
New Member

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.