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Activity Forums Q & A Startups PayPal sent a 1099K that accounted for 29k of new income that QuickBooks did not pick up in 2017

  • PayPal sent a 1099K that accounted for 29k of new income that QuickBooks did not pick up in 2017

    updated 3 weeks, 1 day ago 0 Member · 1 Post
  • Charles

    Member
    October 30, 2019 at 12:47 pm

    My wife and I have a business and so we use QuickBooks to sync PayPal and Shopify into one form to submit to the IRS during tax season. The IRS has connected with us and stated that during our 2017 tax return, we did not account for 29K of income which was not represented in QuickBooks. We checked today and QuickBooks still does not show the additional 29K in extra income that PayPal is stating we have. Have there been cases where either PayPal doubled on their end and then sent their 1099K? Or that PayPal never sent QuickBooks that information to click over? – by hq overview BlainetheMono19 – –

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