@nickthecpa: Replying to @sqwadpod #stitch @gavinjlarnard we need not put the fear of God into people about using these apps and potentially getting a 1099. Instead, we should just mention you may get a 1099 and the ways to make these a nontaxable issue are by zeroing them out on sch D or sch C 🙏 #cpa #1099k #1099 #taxtips

Nick Krop, CPA
Nick Krop, CPA
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Region: US
Sunday 11 December 2022 22:22:02 GMT
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brettdelles
Brett Delles :
but now I can't be mad about something I don't understand 😡
2022-12-11 23:04:56
39
cm123456798
cm123456798 :
Why does everyone forget about their basis!?!
2022-12-11 22:46:35
71
steueri
isaac :
people are mad jsut because they’ll actually need to pay taxes on business through paypal or venmo
2022-12-11 22:35:37
163
snowzorro
Snowzorro :
From a future CPA thank you! So much misinformation is already out there about taxes, we don’t need more!😁
2022-12-11 23:01:15
29
insulinabuser69420
Benjamin graham :
Soooo many people don’t understand this, but still make videos saying “thEyRE gOnNA tAX mY vEnMo PaYmEntS”
2022-12-12 22:07:49
15
surababy87
Sarah :
with tax season starting in a few weeks these fear mongering tiktoks will come out of the woodworks
2022-12-11 23:51:27
1
justdadthings_
Justin Schultz :
I bet there is a lot more schedule c’s this year haha
2022-12-11 23:04:08
3
ts_esquire
John Snow :
I love your channel
2022-12-11 23:21:50
2
mitchwilks
Mitch Wilkins :
He is so false. 😂 Thanks for correcting him.
2022-12-11 22:41:17
3
user37467984368
user7853267854 :
I was trying to figure out why everyone flipped out about this but then I realized I pay my taxes. 😂
2022-12-11 23:59:13
2
blkcatgal
blkcatgal 🐾🐈‍⬛🐾 :
Thanks for being a voice of reason about this.
2022-12-12 02:14:32
1
lorilynzabransky
lorilynzabransky :
How did he get everything wrong 😂
2022-12-15 02:47:57
6
chadcfo
Chad Pavel :
Well put. There are a few notable websites saying that people will have to file their own 1099-K…wrong! Good video.
2022-12-12 00:00:59
2
iamlewill
Wil :
The level of fear being driven into people, bro about all this. Thanks for sharing.
2022-12-11 23:48:39
2
n_l_o
n_l_o :
How come you can't claim a loss? What if you report it as income, like on ebay, but your expenses are more than your profits?
2022-12-12 02:03:57
2
emadarling3
emadarling3 :
but to zero out you need receipts for previously purchased items, that you later sell at a loss. correct?
2022-12-12 01:59:28
2
accountingbro
Accountingbro :
Watching that video “I have never seen someone say so many wrong things consecutively, in a row”
2022-12-15 13:10:30
2
hrhuffandstuff
You know me :
Taxes are so complicated. Thanks for breaking it down! Your videos are so helpful
2022-12-12 00:26:21
2
sourpatchhippie09
Destiny🆘🗑️🔥🇺🇸🪦🆘 :
Thanks for the info
2022-12-12 02:16:12
1
bocabeachbaby
BocaBeachBaby :
That you receive .. not make
2022-12-11 23:18:14
1
angrybrucelee
Angry Bruce :
I posted on his Tik Tok telling him that a RE agent should resist giving out Tax and Legal advice. It was one of the state license exam questions 😂
2022-12-11 23:53:15
1
generouspapi85
GenerousPapi85 :
it's crazy how misinformation get so much traction versus when somone posts the true .
2022-12-11 23:56:58
1
nishimoto94
“Todd” :
Thank your clarifying
2022-12-12 23:04:54
1
nomad201
Just_scrolling :
Thank you man! I am soo sick of people spreading fake news
2022-12-12 22:49:52
1
whatday1s1t
WhatDayIsIt? 🙅‍♀️🧿 :
Yikes, I’m surprised how wrong he was (or poor wording). That’s gonna confuse/alarm many unnecessarily 🤦‍♀️Glad you did this stitch 😊
2022-12-12 04:51:51
1
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