The IRS threw me a curve ball this year (imagine that). One of their
tax forms went from $600 minimum to you, to $20,000 "AND" more than 200
transactions in 2022. Is there someone out there that can hold my hand
and show me how to export those transactions to a spreadsheet to see if
we fall into that level at the federal level, since there are no
reporting features in GNC that total $ and number of transactions, at
least that I am aware of? I have not used spreadsheets for much of
anything since my college days, shall we say decades ago, so rusty is an
understatement.
The real kicker is my state sets the minimum at $1,200, period.
The company involved, has so far refused to provide me with a copy of
the 1099 involved. It may or may not meet the federal level but I know
for a fact that it passes my states $ level of $1,200.
Don't you just love our tax system in the U.S.A.? NOT!!!!!
--
--JEffrey Black M.B.A.
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