cancel
Showing results for 
Search instead for 
Did you mean: 

1099 tax under $20k over 200 transactions

Discostu31
Contributor

1099 tax under $20k over 200 transactions

I have had over 200 transactions, about 14k in sales. Problem is about 6k sent via paypal from my brother but accidentally labeled goods and services instead of friends and family, so those fell under goods and services putting me over the 20k threshold. Any ideas what I can do to fix or how to handle this? thank you in advance