Re: [android-developers] Re: Google's 1099-K

>> It is just a report of all gross payment "transactions" they did for you which they report to irs. I dont believe it has much to do with your actual earnings. Your actual earning may be lower.

The key word in your sentence is "report." If your earnings don't match what the IRS thinks your earnings are by the various reports they receive, you'll be on the receiving end of an audit.

The last organization you want looking into your business is the IRS. Best to stay on the conservative side with them.

-John Coryat

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