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Old Dec 10, 2021 | 10:32 am
  #602  
danpeake
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Join Date: Mar 2009
Posts: 2,359
Originally Posted by huwei2018
If the BG does ACH into your checking account, lets say, 20k after they scanned the items. As mentioned by someone, this amount is not considered as income (if you earn 0 commission) but a reimbursement of the purchase price. Do you still have to report this amount with some IRS FORM when filing tax next year?
You'll want to speak to your tax advisor. Best to not get (or give) tax advice on FT.
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