Could the difference by Refund amounts? CC Processor Tax Statements do not subtract any Refunds, just gross receipts.Reports from the credit card processor - one report from the main processor included the amex processing. Then got a separate amex report. Not sure if that looks like we made an additional 30% or what..
Don't know if this helps: http://www.irs.gov/Businesses/Understanding-Your-1099-KReports from the credit card processor - one report from the main processor included the amex processing. Then got a separate amex report. Not sure if that looks like we made an additional 30% or what..
Could the difference by Refund amounts? CC Processor Tax Statements do not subtract any Refunds, just gross receipts.Reports from the credit card processor - one report from the main processor included the amex processing. Then got a separate amex report. Not sure if that looks like we made an additional 30% or what..
.
Concern was IRS counting the same income twice because they received the same income info twice from the processor.Momma Smurf said:Could the difference by Refund amounts? CC Processor Tax Statements do not subtract any Refunds, just gross receipts.
Enter your email address to join:
Enter your email address to join:
Register today and take advantage of membership benefits.
Enter your email address to join: