Received a 1099-K from PayPal - Now What?

Don’t worry. You are in the right place. Outright, an online bookkeeping tool for online sellers, can help.

Your 1099-K Check List...

  • Understand the amounts in your 1099-K
  • Deduct ALL of your expenses – Don’t over pay!
  • Prep your Schedule C

Get Started in 3 Easy Steps

  1. Create your Outright account
  2. Import your PayPal data
    • Outright imports a full year of data - no manual entry
    • Sales and expense data is automatically categorized, including fees
  3. Clarify your 1099-K amounts
    • With the 1099-K tab in Ourtight, simply click on each amount for a detailed breakdown of what's included in the total
    • Next, start deducting all your returns, refunds and other expenses so you don't over pay in taxes!