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Level 2
posted Mar 22, 2025 8:35:52 AM

PayPal sent a 1099k but it’s not income, it was a gift from my Mom. PayPal refused to correct it. What can I do?

0 2 727
2 Replies
Expert Alumni
Mar 22, 2025 8:48:46 AM

On the 1099-K input screen, enter the amount from box 1a of your 1099-K. If the amount includes personal transactions (the gift from your mother), click the box that says "This amount in box 1a is too high or includes some personal transactions." Then, enter the amount that shouldn't be included in the box that appears. This will correct the amount on your forms.

 

Level 2
Mar 25, 2025 4:49:42 AM

Thank you to those that explained on how to correct this, I appreciate it,