oops.
You're currently viewing posts by Pinsider jethrop.
Click here to go back to viewing the entire thread.
This topic is closed.
Quoted from ToddSonOfOdin:Say PayPal reports $10k of payments to the IRS. How do we account for cost of goods sold?
I think you'd report 11K cost of goods sold. Sorry about your loss.
You're currently viewing posts by Pinsider jethrop.
Click here to go back to viewing the entire thread.
This topic is closed.
Wanna join the discussion? Please sign in to reply to this topic.
Great to see you're enjoying Pinside! Did you know Pinside is able to run without any 3rd-party banners or ads, thanks to the support from our visitors? Please consider a donation to Pinside and get anext to your username to show for it! Or better yet, subscribe to Pinside+!
This page was printed from https://pinside.com/pinball/forum/topic/will-pinside-have-to-report-sales-to-the-irs-with-new-2022-tax-laws-?tu=jethrop and we tried optimising it for printing. Some page elements may have been deliberately hidden.
Scan the QR code on the left to jump to the URL this document was printed from.