- Joined
- May 22, 2018
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How are you guys putting in 1099-k from paypal in your tax return?
I'm using turbotax and I have a feeling I could be doing it wrong.
The gross amount is $3.3k and when I put it into hobby expense, it charges me about $1000 in taxes. That's close to 30%.. is this right or am i doing something wrong?
Thought i'd ask here before going to see a CPA.
I'm using turbotax and I have a feeling I could be doing it wrong.
The gross amount is $3.3k and when I put it into hobby expense, it charges me about $1000 in taxes. That's close to 30%.. is this right or am i doing something wrong?
Thought i'd ask here before going to see a CPA.