Discussion Forum: Thread 375224

 Author: Ziegelmeister View Messages Posted By Ziegelmeister
 Posted: Jan 23, 2026 14:47
 Subject: 1099-K's and refunds
 Viewed: 82 times
 Topic: Taxes
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Ziegelmeister (615)

Location:  USA, Ohio
Member Since Contact Type Status
Aug 27, 2021 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Ziegelmarkt
Search results didn't yield anything. IIRC, the 1099-K (from paypal) does
not subtract refunds yea?
 Author: peregrinator View Messages Posted By peregrinator
 Posted: Jan 23, 2026 16:51
 Subject: Re: 1099-K's and refunds
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 Topic: Taxes
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peregrinator (1101)

Location:  USA, New Jersey
Member Since Contact Type Status
Jan 21, 2003 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Faber Family Bricks
In Taxes, Ziegelmeister writes:
  Search results didn't yield anything. IIRC, the 1099-K (from paypal) does
not subtract refunds yea?

I'm not sure. I'll check mine and let you know (I think I did issue a
refund or two last year).

You'll also have to claim "Partner fees" (sales taxes) as business
expenses as they're not subtracted on the PP 1099 either. That is, it's
as though you "collected" those sales taxes and paid them to the state.