Did you receive a 1099K for selling On-Line?

If you did any marketing over the internet and received payments via credit card, you will probably receive a 1099K form from the platform you used to sell or do business. A copy of the form will be sent to you and to the IRS to let them know you were involved in on-line business.

When you come for your income tax preparation appointment make sure to bring your 1099K form and the accounting of all your expenses to conduct the on-line business.