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 Miscellaneous Payment  Form 2003

2003-2023 Form

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Instructions and help about Miscellaneous Payment Form

What is the difference between a 1099 miscellaneous and a 1099 K form for taxes in the United States of America as overseen by the Internal Revenue Service or IRS specifically for this what happens when our income gets double reported both on a 1099-misc and a 1099 K how do we handle that now I'm no CPA I've had my own business online for seven years I do my own taxes I research for myself what I'm presenting here is based on my research from several conflicting points of view from Certified Public Accountants based on what I see makes the most sense this may or may not be most appropriate for you, I hope it's helpful because I've just spent a lot of time researching and learning these things myself, so I hope I can just present that for you and make it a little easier first what is the difference between a 1099 miscellaneous and a 1099 K a 1099 miscellaneous this form on the left here this is intended for payments that are made essentially like cash or direct deposits into a bank acco

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