Jump to content

USA Tech Tax Question

Recommended Posts

I just my eport transferred, thank you all for your help answering my transfer question.

New question, does USA Tech send me a 1099 for taxes or will I have to report it myself based on honesty? I have kept my figures on excel and my sales are approximately 12kish. 

Pretty new to this, so I just want to be prepared.

Share this post

Link to post
Share on other sites

You won't get a 1099 from them just as you wouldn't get one if you were a retail business processing card transactions.  The fees are business expenses and the money deposited into your bank account is your own sales revenue, not money paid to you by USAT for any product or service they are buying from you.

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now