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jaseva
New Member

Middleman / 1099 - Not a business, no profit

I collect payments using a payment processor from team parents for specific sporting events. I then take the money and pay the team registration fees for the events. I do not do this as a business and I don't make a profit. I'm just a random parent who runs an all star team. The team itself is also not an official business. I will get a 1099 for these payments I've received through the payment processing company. How do I report that the money came in, but then went straight back out to pay for the events and that this isn't my personal income to pay taxes on? 

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