2020 1099K Information??
bubba620
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Posted on
Feb-02-2021
01:04 PM
Hello, I have a question about the Monthly amounts on my Paypal 1099K.
The January box has an amount of $2,686.35 and my Ebay sales for January are $2,152.00 or a difference of $534.35. My question is, what is the $534.35 included in my Paypal 1099K that isn't sales for the month of January? I am getting ready to do my taxes for 2020 I would need to deduct whatever this $534.35 is? Also, every month has a much higher amount on the 1099K than my actual sales for that corresponding month when matched to my monthly sales from my Ebay summary? Thanks, Robert
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