I just got a 1099-K for my IFBC reimbursement.

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  • Ian
    SBR Hall of Famer
    • 11-09-09
    • 6077

    #1
    I just got a 1099-K for my IFBC reimbursement.
    Anyone else who went to the IFBC get this? The reimbursement from SBR was the only paypal payment I received all year, and the entirety of it got reported to the IRS. I'm even on the hook for taxes on the fees paypal took out of the transaction.

    I know the taxes on this will at worst be only a couple hundred, but this is a total head scratcher.

    In the future I hope SBR avoids paypal for payments and goes with bitcoin.
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