Paypal and the 1099k

72tx340
Contributor
Contributor

Under the new law paypal will send you a 1099k if you gross over 20,000  and 200 sales. My problem is this number isnt accurate for me. Ive sold vehicles through ebay which only the deposit was recorded with paypal.

 

So when i get there 1099 it will be less than my true gross so what do i do with there 1099?

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