cancel
Showing results for 
Show  only  | Search instead for 
Did you mean: 

1099 all wrong

1099K All Wrong Inflated amounts for total sales and very hard to check as e-bay offers no monthly totals in the new monthly reports.  

Message 1 of 3
latest reply
2 REPLIES 2

Re: 1099 all wrong

I cannot speak for inflated, but you know those amounts are totals paid-not just the money you got, but all money paid and then you start deducting fees, shipping.....

Good Moms let you lick the Beaters.

Great Moms turn them off first.
Message 2 of 3
latest reply

Re: 1099 all wrong

1099-K includes gross sales (purchase price + shipping) all money you received from the customer.   When you deduct  your business expenses be sure to deduct amount you paid for "EBAY shipping labels".

Message 3 of 3
latest reply