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Hello to everybody, I did my taxes this year and my accounter advised me to open LLC to receive money as a business not as a person. I have opened LLC and set up new Paypal Business Account. They asked me for all info about my LLC including EIN and a...
Paypal has my EIN and SSN, I want to make sure they file my 1099k under my EIN. How can I arrange that since Paypal has both my EIN and SSN?
Hello, I was issued a 1099K under my SS number by Paypal instead of the Business (EIN). Can someone please help by telling me how I can get this switched over to the business? Which department in Paypal will help? Has this issue happened to anyone? ...
I work for a company and make commission. They give me things to sell, and the money is sent to my PayPal account. At the end of the month, I keep whatever commission I make and give the rest to the company. On the 1099-K form, it shows how much the ...
I have two PayPal accounts. One is for my personal (exceedingly rare) use, one is for a club (I’m the treasurer).For BOTH of these, people should use the “friends and family” option, since neither is a for-profit operation.But, of course, people cons...
What tax rate am I looking at. I sold $1,680 worth of used stuff, and had 20 transactions. How is it even possible I am receiving this 1099k?
Is this an error? I sold less than $2000 all of last year on ebay and had only 17 transactions. The threshold for California is supposed to be $20,000 and 200 transactions. I'm not even close. Did anyone else have this happen?
Has anyone heard when PayPal will be posting the 1099-K forms? I just checked their tax page and there's nothing posted yet for 2020. Thanks, Andy
I received a 1099-k from PayPal and when I look at my Financial Summary Report on PayPal, the numbers do not agree. What gives?Is there a way to have this corrected? I've read through some of the posts from other PayPal users, and I'm feeling like t...
Tax form 1099K received from Paypal includes items that were returned to buyer on Ebay..Total proceeds on 1099 are overstated. Also after reviewing detailed transaction report, several Items are shown for more money that the sale price on ebay plus ...
