1099-k
I just got my 1099-Ks from Paypal as probably did everyone else that reached the amount required for them to report.
I have 2 different stealth accounts that are each linked to separate EINs that are linked to 2 different businesses that me and my wife own. The correct business names are listed with Paypal for these accounts. When I got the 1099_k forms, it shows the stealth name as the payee. The business names aren't showing on the 1099-K form, even though they are showing as the business name on the Paypal accounts. Is this variation in the name on this form going to cause a problem when I file taxes? I am assuming it all has to do with the EIN, and that being linked to my SSN with the IRS.
Any insight on this would be greatly appreciated.
Thanks
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