1664271
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You are posting from Self-Employed--so it appears you are reporting income received from selling your art, etc. Pay Pal does not report anything to the IRS, so it is up to you to keep accurate records for yourself of your income and your expenses. Then you report your self-employment income, whether you have any income documents such as a 1099Misc or if it cash paid to you.
(and...I will add... my own son is an artist....so I am shaking my head...seriously ---- you are sharing a Pay Pal account with other people.....ohhhhhhhhhh..)
https://ttlc.intuit.com/questions/2903027-how-do-i-report-income-from-self-employment
https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922
https://ttlc.intuit.com/questions/2902389-why-am-i-paying-self-employment-tax
https://ttlc.intuit.com/questions/3398950-what-self-employed-expenses-can-i-deduct
https://ttlc.intuit.com/questions/1901340-where-do-i-enter-schedule-c
Thank you! I actually got a 1099-K with an amount that was more than double the money I actually made on my own. It's a substantial amount.
Thank you! I actually got a 1099-K with an amount that was more than double the money I actually made on my own. It's a substantial amount.
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