- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self employed
As long as your business sales as listed on the schedule C are more than the amount reported on the 1099-K schedule you should be OK. The IRS will see the amount reported on the 1099-K schedule and look to see at least that much as business sales reported on your return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 13, 2024
11:45 AM