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I am filing taxes as Self-Employed through a LLC digital
I am filing taxes as Self-Employed through a LLC digital marketing business I own.One of the ways I made profit was by selling marketing services on an online gig-listing website(I do not own) which a… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
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If I worked as an independent contractor for a company
Hi if I worked as an independent contractor for a company located overseas and did not receive a 1099 form am I still required to file it on my tax return?… read more
Lev
Lev
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Bachelor's Degree Equivalent
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I received a 1099 K from PayPal however I run two businesses
I received a 1099 K from PayPal however I run two businesses from the same PayPal account. how do I accurately report the income from both if I only received one 1099K … read more
PhillipsEsq.
PhillipsEsq.
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We pay hundreds of clients each year via PayPal. Are we
We pay hundreds of clients each year via PayPal. Are we needing to send them a 1099 or are PayPal payments excluded?We are an LLC… read more
Chad EA, CDFA®, CFP®
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What if you get a paypal 1099k but also get 1099misc for the
what if you get a paypal 1099k but also get 1099misc for the same amounts? both are reported to the irs! … read more
Lev
Lev
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If a friend uses my Paypal account to do retail online
If a friend uses my Paypal account to do retail online selling (so my paypal account receives online payments, and I transfer all of the payments to his bank account), and I understand Paypal isues a … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
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For USA Tax purposes, when do I need to provide 1099's to a
For USA Tax purposes, when do I need to provide 1099's to a contractor and/or supplier? My company is a C-Corp in Delaware if that is important to know. If I don't provide 1099's what can the IRS do t… read more
Robin D.
Robin D.
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Vocational, Technical or Trade School
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I used paypal to collect team dues local soccer team.....
I used paypal to collect team dues for a local soccer team..... Now I got an email that I am going to receive a 1099k form... How do I explain this is not a business, none of this money went to me per… read more
Tax.appeal.168
Tax.appeal.168
Principal
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I created a LLC in 2014 with my brother. We were selling
I created a LLC in 2014 with my brother. We were selling items on eBay/PayPal with our personal accounts. He left the business half way through in 2014 to work out of state. I continued to use his acc… read more
Lane
Lane
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Doctoral Degree
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I am an independent contractor 'employed' by a real estate
I am an independent contractor 'employed' by a real estate agent on a 1099 basis. Each week I go into Paypal, create an invoice and send it to him via Paypal. He then pays me via Paypal. When I asked … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
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I buy and sell things on eBay. A few years ago I started making
I buy and sell things on eBay. A few years ago I started making bumper stickers. I sold a few here and there, no big thing. As the years have gone I have I have increased my sales to about $100-$200 a… read more
Lev
Lev
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Bachelor's Degree Equivalent
30,490 satisfied customers
I have a paypal account and i received 2 payments. 586$ and ~400$ in 2014. Will i receive
I have a paypal account and i received 2 payments. 586$ and ~400$ in 2014. Will i receive 1099? The site(airbnb.com) will issue a 1099-k, but i added some friends company as a tax payer. I cannot get … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
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Tax Question for U.S State of NY Ref 1099K I just received
Tax Question for U.S State of NY Ref 1099K I just received a notification from Paypal indicating I could get a 1099K if I sell over $20,000 gross AND have over 200 transactions. I'm around the $15,000… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,980 satisfied customers
I have received a 1099k tax form, for credit card transactions
I have received a 1099k tax form, for credit card transactions , where I should enter it for tax preparation?… read more
winktax
winktax
Enrolled Agent
Master's Degree
346 satisfied customers
Paypal is not reporting to US government on 1099K, I have an
Paypal is not reporting to US government on 1099K, I have an issue, as my business is run using other people's paypal accounts, ie; my father's and my ex fiancee's. These are personally agreed upon an… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
924 satisfied customers
i play a game online and others who also play sometimes pay
i play a game online and others who also play sometimes pay me for my help in the game (i basicly sell them some of my virtual points) the money for from this payment is sent to me thru paypal i also … read more
PDtax
PDtax
Owner
Master's Degree
9,538 satisfied customers
I process credit cards through Propay.com and a few through
I process credit cards through Propay.com and a few through Paypal. I'm also looking at changing my processing to iPowerpay.com. I'm not having a lot of luck getting solid information from Propays's y… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
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Regarding the 1099K that will be in effect next year This
Regarding the 1099K that will be in effect next year: This looks like it pertains to companies that get paid via credit cards - correct? A fellow consultant was complaining to me recently that this wo… read more
RD
RD
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Master's Degree
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