2nd 1099 K from Paypal??
rahulgoyal1986
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Posted on
Feb-16-2021
11:17 AM
Hello,
I received a physical 1099K from Paypal for the sales my small online business has made via FBMP. FBMP is settling my sales through paypal, i.e. Paypal is directly depositing money in my bank account for the sales made. I also operate a personal paypal account. For the sales made via FBMP, I received a 1099K. Whereas, for my personal Paypal account, I could download it from the account activity.
The 1099K reporting the FBMP sales appears incorrect, as it overstates my sales by about 40%. Is there a way to download a reconciliation report for this account?
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