Forum: General Platform Discussions
06-15-2022
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Replies: 13
Views: 496 Re: 1099 new tax $600 2022
In the USA you only pay taxes on gain. In addition, there is not even a place on any US tax return for 1099k to be added. The intention of a 1099k is to keep people honest on their gross income. It...
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The complete step-by-step guide to get back to selling today!
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Forum: General Platform Discussions
06-15-2022
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Replies: 13
Views: 496 Re: 1099 new tax $600 2022
You will get a 1099k.
Only you and your accountant knows if you made a profit. You need a tax professional not a forum full of strangers who most likely have no idea what they are talking about.
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