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Federal 1099K reporting limits revert back to $20k/ 200 transactions

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    BLUEJAYWAYBLUEJAYWAY Posts: 11,851 ✭✭✭✭✭

    I forgot to report the .32 cents I made from my lemonade stand sales when I was 7 years old 😆

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
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    logger7logger7 Posts: 9,921 ✭✭✭✭✭

    Do your best, work in all your deductions and pay what you owe. Understating the gross is a no-no.

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    BLUEJAYWAYBLUEJAYWAY Posts: 11,851 ✭✭✭✭✭

    @WQuarterFreddie said:
    Ok everyone! Just calm down.🤣😂

    Is this taxable?😀

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
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