The Complete Guide To Reporting Personal Items On 1099-k: Gains, Losses, And What To Do With Errors.

Описание: Larry Gray, CPA explains how to report gains, losses, and even errors on the 1099-K. Its a step-by-step walkthrough with explanation.

Timestamp:
00:00 Introduction
00:41 Why this video?
02:05 What to report?
04:22 What is a 1099-K?
07:28 Report ALL profit.
10:03 P2P Apps
15:08 Transfers of money and shared accounts.
17:27 How to report an Error?
20:46 Reporting a Loss.
22:51 Reporting a Gain.
24:35 What if you don't have receipts?
25:59 Report Gains and Losses Separately.
28:00 Form 8949

Check out Larry's 1099-K Update playlist here:
   • 1099-K Updates  

Youtube Homepage @/agcsolutions
Follow our Facebook Page @ facebook.com/agctaxsolutions

#1099krequirements2023 #venmo #1099k2023 #self-employment
---------------------------------------------------------------------------------------------------------------------------------------------------
AGC Solutions does not provide tax, legal or accounting advice. This content has been prepared for informational purposes only and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. Also, tax law is ever-changing and every effort should be made to seek out the most current information. Make sure to check date of published content to ensure most current information.