Please help - what on the financial summary (for the year) can be deducted besides "Fees"
caren4kids
New Community Member
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Posted on
Feb-01-2019
12:11 PM
I am sure this has been answered, but only found very old answers 😉 Not tax savvy. I got my 1099K. - Went to the financial summary for last year (2018) and on it are several items in a minus format. Besides the fees paid to paypal and chargebacks and refunds issued, what else can be deducted from the total?
Specifically I see an "OTHER" line at the very bottom, what IS "other" and can it be deducted? Also, is anything with a "minus sign" deductible? I hope to get some help, before I hit up the tax guy 😉 THANK YOU in advance!
Labels:
- Labels:
-
Tax Documents
0 REPLIES 0
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
Related Content
- Zettle refunds and Zettle vs Here in Merchant Products and Services Archives
- Credit payments are not working properly in Merchant Products and Services Archives
- What should I deduct from my gross sales on my paypal 1099K for income tax purposes. in Reporting Archives
- Strange letter... not sure if legit... in Managing Risk and Fraud Archives
- #refunds #opendispute #refundtwice in Managing Risk and Fraud Archives