E-2 Visa Holder
on 11/11/2022 at 7:03 am
Taxpayer – A resident Alien on E-2 Visa sold Collectibles and received a 1099-K from PayPal, IRS issues a Notice of Deficiency assessing additional taxes, penalties and interest of $11,833, and further indicating that the sales should have been reported on schedule C, and not schedule D.
***Disclaimer: This communication is not intended as tax advice, and no tax accountant -client relationship results**
