Vanessa A is right on the money. I originally thought the right approach was to enter the 1099-K and adjust it, but I did not realize that the information you e...
That is contradicted by publication 334, page 36, that has a CAUTION icon and says:Do not deduct state and local sales taxes im-posed on the buyer that you must...
LeeM, your response re: putting sales tax as Tax & License expense is incorrect.As SGK stated as well, sales tax should be subtracted from your income. Sales ta...
