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I had a third party network business that made $299,195.77, but I was only paid $6,500.00 I don't see a place on my taxes to show what I made.

I didn't run the business, but it was in my name. I just got paid a percentage. They're basing my taxes on the whole amount instead of the $6,500.00
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1 Reply
ThomasM125
Expert Alumni

I had a third party network business that made $299,195.77, but I was only paid $6,500.00 I don't see a place on my taxes to show what I made.

If you received a K-1 schedule from the business, it would report your share of the net income of the business. That would be what you would be taxed on, regardless of what you actually received. 

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