Quote:
Originally Posted by Johnny630
I hire a tax professional. I just pay I don't care, it's worth my piece of mind to hire one and pay him accordingly.
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I know many "tax professionals" that tell people no 1099-K form, don't worry about it. Just because you hire a tax professional, it doesn't stop an audit from happening. From my experience there is a chance that your tax professional just swept this income under the rug and it is nowhere to be found in a Schedule D or Schedule C.