- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Question about 1099-misc and 1099-k which double report income. All of my income comes through Paypal, from which I received a 1099-K. I also received a 1099-MISC from a company, however, that money came through Paypal so it is already included in the 1
I am a Youtuber and video gamer.
Topics:
posted
June 5, 2019
10:50 PM
last updated
June 05, 2019
10:50 PM
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Question about 1099-misc and 1099-k which double report income. All of my income comes through Paypal, from which I received a 1099-K. I also received a 1099-MISC from a company, however, that money came through Paypal so it is already included in the 1
Just report the 1099-MISC on your tax return.
You don't report 1099-Ks directly on your tax return - you report them as 1099-MISC income. Since you received a Form 1099-MISC that included the 1099-K payments, that's all you need to report.
June 5, 2019
10:50 PM
Still have questions?
Make a post