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Is my Square Loan deposit or fees included in my 1099k tax form?

Is my Square Loan deposit/fees  included in the gross amount on my 1099K tax Form?  Best, Angela S. 

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Hi there, @Localas! Thanks for posting 🙂

 

Square reports ONLY your annual gross card payment amount collected.

Loan deposit and fees are not included. For more information about tax reporting with a loan through Square Loans, I’d suggest visiting our Support Center. Thank you!

 

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Square

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Hi there, @Localas! Thanks for posting 🙂

 

Square reports ONLY your annual gross card payment amount collected.

Loan deposit and fees are not included. For more information about tax reporting with a loan through Square Loans, I’d suggest visiting our Support Center. Thank you!

 

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This is ridiculous. Instead of giving or telling us where the tax forms are for square loans, they transfer you to support. Support transfers you to this thread. 

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