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1099-k gross vs. net amount from all the transaction
When it comes to issuing a 1099-K do you issue them with the gross or net amount the 1099-k received? Meaning sometimes companies have a take rate portion before the contractor receives their portion. I have received a 1099-k in the past it shows a higher amount than what I received. What should I do in this case?
‎August 31, 2022
3:31 PM