Tax

Have a tax question? Ask a tax Expert

Connect one-on-one with {0} who will answer your question

Related Tax Questions
I have a sole proprietorship as a freelance artist. I pay
Hi there, I have a sole proprietorship as a freelance artist. I pay sales tax each quarter on my art sales. However, I do contract work for production companies in commercials. I can't seem to find ou… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
19,075 satisfied customers
I have a couple of tax related questions and was wondering
I have a couple of tax related questions and was wondering if you can provide me some assistance ? … read more
DK_CPA
DK_CPA
CPA
Master of Science in Accounting & Taxationb
2,365 satisfied customers
I have a question about 1099K. I received 16 payments last
Hi, I have a question about 1099K. I received 16 payments last year over 20K. I do't think I meet the IRS reporting requirements. But I would like to know the reporting requirement for States. I read … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
4,157 satisfied customers
Lane Tax - can I pay some contractors (> $600) using paypal
Lane Tax - can I pay some contractors (> $600) using paypal or is check a better option? With paypal, do I still have to send them a 1099?… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
20,865 satisfied customers
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
4,157 satisfied customers
I received 1099-K for Etsy, Square and PayPal sales. There
I received 1099-K for Etsy, Square and PayPal sales. There were 14 sales totaling approx. $10,000. These are below the stated minimums of 200 transactions and $20,000 gross sales. Do I have to report … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
5,139 satisfied customers
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.
Attorney-at-Law
JD
626 satisfied customers
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®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
4,157 satisfied customers
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
Retired
Bachelor's Degree Equivalent
35,701 satisfied customers
For 1099's, if payments are all made through Paypal, we do
For 1099's, if payments are all made through Paypal, we do not have to issue a 1099, correct?… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
20,865 satisfied customers
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
20,865 satisfied customers
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.
Senior Tax Advisor 4
Vocational, Technical or Trade School
20,865 satisfied customers
I am just the organizer of a convention and I have elected
I am just the organizer of a convention and I have elected to use PayPal to ease in the payment process. I was advised that I will receive a 1099K for the Payments that I have received. Do I need to f… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
5,139 satisfied customers
The person hired to do our taxes last year, who is part of a
The person hired to do our taxes last year, who is part of a accounting firm, missed the fact that the number I wrote in on my schedule C line 1 - was $66K and some change LESS than the line 1 of my 1… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
20,865 satisfied customers
1099's? Client was issued $750 in payment via paypal.
1099's? Client was issued $750 in payment via paypal. Recipient isn't wanting a 1099 because Paypal will issue 1099K, but that's only if it reaches their thresholds....I say we issue the 1099 for the … read more
Tax.appeal.168
Tax.appeal.168
Principal
7,884 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
1,394 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
5,607 satisfied customers
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
Self Employed
Master's Degree
1,129 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

5,764 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

626 satisfied customers

B.A., M.B.A, J.D.

Loren

Loren

Attorney

372 satisfied customers

Over 25 years practicing law

Robin D.

Robin D.

Senior Tax Advisor 4

20,865 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,666 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x