1099

How do you reconcile your 1099K numbers when nothing adds up with the amounts actually received? Seeing as we pay taxes on money received, how do you account for the amounts shown from Apple that include their revenue share?

Not an accountant here, but I just create an expense for the difference from what was deposited in my bank account and call it App Store Fees. Have not had a problem so far.

I could never get those amounts to match up to anything either.

1099
 
 
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