- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How will 1099-K information be imported into Schedule E
A tenant has been paying part of his rent using PayPal. I report rental income using Schedule E. Since the threshold for PayPal reporting income has been decreased from $20K to $600 for the 2022 tax year, I expect that PayPal may send me a 1099-K. How should the 1099-K information be input to ensure that it goes into Schedule E?
Topics:
‎November 25, 2022
9:31 AM