drewcrawford03
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Yea, I know this.My point is that I have tax form SHOWING big losses (even though only $3,000 counts) so maybe the IRS will just rightfully assume this is where...
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Ok so what if I have a 6 figure 1099K from paypal but it was all from investment day-trading deposits and withdrawals in which I had a net loss for the year?So ...
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Yes for sure@JamesG1, I am keeping detailed records as best as I can.Is the income "reversal" a high trigger for audit in your experiences?Or is it pretty commo...
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That's not exactly comforting that we should be confused.I was indeed very confused initially, but thought the explanation of "zeroing out" or "reversing" the n...
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It's supposed to be >20,000 AND 200 or more transactions.So by the actual language from the IRS, I should NOT have received one.
Activity Feed for drewcrawford03
- Posted Re: How do I handle a 1099-K from PayPal with several different items in it (including non-taxable)? on Get your taxes done using TurboTax. February 2, 2023 9:09 AM
- Posted Re: How do I handle a 1099-K from PayPal with several different items in it (including non-taxable)? on Get your taxes done using TurboTax. February 2, 2023 8:08 AM
- Posted Re: How do I handle a 1099-K from PayPal with several different items in it (including non-taxable)? on Get your taxes done using TurboTax. February 2, 2023 7:18 AM
- Posted Re: How do I handle a 1099-K from PayPal with several different items in it (including non-taxable)? on Get your taxes done using TurboTax. February 2, 2023 6:41 AM
- Posted Re: How do I handle a 1099-K from PayPal with several different items in it (including non-taxable)? on Get your taxes done using TurboTax. January 31, 2023 3:40 PM
- Posted Re: How do I handle a 1099-K from PayPal with several different items in it (including non-taxable)? on Get your taxes done using TurboTax. January 31, 2023 3:09 PM
- Posted Re: How do I handle a 1099-K from PayPal with several different items in it (including non-taxable)? on Get your taxes done using TurboTax. January 31, 2023 2:19 PM
- Posted Re: How do I handle a 1099-K from PayPal with several different items in it (including non-taxable)? on Get your taxes done using TurboTax. January 31, 2023 1:35 PM