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1099k income from Loan Principal Payments
I expect to receive a 1099k form from my ACH for personal loan principal payments to me (non-business). This income is a personal loan repayment (principal only) to me and is non-taxable. I will have to report the 1099k as income. How do I subtract this non-taxable income amount?
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‎December 22, 2022
5:54 AM