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Investors & landlords
When entering your information into the schedule C just enter the amount that you actually received. The 1099 from TikTok and the 1099-K from PayPal are for the same amount so the one form indicates how much was paid to you and the second form just indicates how it was paid to you. You don't need to enter the amount twice.
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‎January 27, 2025
10:21 AM