Discussion Forum: Help: Message 1324574
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 Author: pureoil66 View Messages Posted By pureoil66
 Posted: Jan 26, 2022 17:13
 Subject: Re: Filing Taxes
 Viewed: 67 times
 Topic: Help
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pureoil66 (2444)

Location:  USA, Minnesota
Member Since Contact Type Status
Jul 9, 2005 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: MN Brick Clearance
To start, Paypal has issued 1099-K's, I think as of today, and then you would
get the same report from Stripe showing how much funds you received. (this is
what they report to the IRS that you received).

Then you can take all your business expenses to apply against that income.

Granted I am no CPA, but that is how I was going to start and then hand it over
to my tax professional and let them guide me from there.


In Help, sweettiara27 writes:
  Hello,

I was wondering if anyone can help with how to go about filing taxes? This is
the only income I have and I have two dependents. I believe I file it all together.
What do I need to file? Something from Bricklink, Paypal and Stripe, or just
from Bricklink plus my expense receipts, I am guessing.

Any info would be great

Thank you

Message is in Reply To:

View Thread Filing Taxes - sweettiara27 (1314)
Hello, I was wondering if anyone can help with how to go about filing taxes? This is the only income I have and I have two dependents. I believe I file it all together. What [...]
(28 months ago, Jan 26, 2022, to Help)

5 Messages in this Thread:

 Msg 1 - sweettiara27 (1314) 28 months ago Jan 26, 2022 to Help
 Msg 2 « - pureoil66 (2444) 28 months ago Jan 26, 2022 to Help
 Msg 3 - SasquatchBricks (8611) 28 months ago Jan 26, 2022 to Help
 Msg 4 - wahiggin (2864) 28 months ago Jan 26, 2022 to Help
 Msg 5 - MidwestBrick (1855) 28 months ago Jan 26, 2022 to Help

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