I had 195 transactions, and less than 20K in my PP account. I got an email saying PP prepared a 1099K for me, and submitted it to the IRS. I thought it had to be 200 transactions and more than 20K
Was PP the emailer? Did you go to PP website and see the 1099? Legally we have pay taxes even if sales don't hit the 200/$20,000 mark even if PP doesn't prepare a 1099 for us.
Could be, as long as they didn't direct you to a website or tell you to call some phony number to update your information, lol.Just curious on what happened with your 1099. I am also under 20k in sales... I just got a letter from my bank saying there was an error with my social..... I guess they put it in wrong years ago when I original my signed up for checking/savings.... Is this normal protocol?
Just curious on what happened with your 1099. I am also under 20k in sales... I just got a letter from my bank saying there was an error with my social..... I guess they put it in wrong years ago when I original my signed up for checking/savings.... Is this normal protocol?
That is not as funny as mine. I got my SS number in the middle 60's and I got a typewritten SS card. Then some time in the last 50 years my name and number got entered into a computer data base and they spelled my first name wrong. It is Daniel and someone typed Danial. I never found out about it till I had to file for medicare (yes I am an old man) That error messed thing up with my new insurance carrier. I think it is all cleared up now, maybe.Just curious on what happened with your 1099. I am also under 20k in sales... I just got a letter from my bank saying there was an error with my social..... I guess they put it in wrong years ago when I original my signed up for checking/savings.... Is this normal protocol?