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
Create your Outright account
Import your PayPal data
- Outright imports a full year of data - no manual entry
- Sales and expense data is automatically categorized, including fees
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!