1099-k Question
ForgeMasterWolf
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Posted on
Feb-13-2022
03:49 AM
I am wondering if this is the case since I'm only adding money to buy some stuff, in regards to the 1099-K, does adding money from my bank account or adding money in general to my PayPal Balance count as receiving payment for goods and services?
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Tax Documents
1 REPLY 1
sharpiemarker
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Feb-13-2022
08:02 AM
No. The 1099-k only applies to receiving payments for goods and services, aka making sales, aka when you are selling something and get paid money. Not for anything else.
Kudos & Solved are greatly appreciated. 🙂
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