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Thread: Form 1099-K

  
  1. 01-30-2012, 06:01 PM #1
    geoffyb
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    Form 1099-K

    anyone else getting this form from paypal?
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  3. 01-30-2012, 06:03 PM #2
    palantri
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    nope, didnt sell quite enough this year!
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  4. 01-30-2012, 06:08 PM #3
    geoffyb
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    well apparently i did and i have no idea how to prepare for what i am going to have to pay. i never considered myself a business.
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  6. 01-30-2012, 06:35 PM #4
    Greengoblin782
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    Did you sell more than $20,000 in 200 transactions this past year?
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  7. 01-30-2012, 06:36 PM #5
    geoffyb
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    apparently so. don't i only pay tax on my profit though?
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  9. 01-30-2012, 06:39 PM #6
    Greengoblin782
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    I believe so but don't want to screw you up if I am wrong. I know some guy on blowout card was helping anyone who needs it with tax questions.
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  10. 01-30-2012, 06:48 PM #7
    geoffyb
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    do you have the link to that thread on there?

    i seriously have to go through all of my emails and find everything that has sold and hopefully i have all purchase emails.
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  12. 01-30-2012, 06:54 PM #8
    Greengoblin782
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    Quote Originally Posted by geoffyb View Post
    do you have the link to that thread on there?

    i seriously have to go through all of my emails and find everything that has sold and hopefully i have all purchase emails.

    I just found it.

    http://www.blowoutcards.com/forums/o...questions.html
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  13. 01-30-2012, 06:56 PM #9
    geoffyb
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    thanks. i appreciate it.
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