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square capital loan amount included in my 1099-k?

I noticed today that when I was going over my 1099-k from square that it seemed to include the loan amount I took from square capital. 

 

Is this correct, is your square capital loan supposed to be reported as income on your 1099-k?

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Square Community Moderator

Hey there @crushyournumber

 

I would recommend reaching out to our Capital experts about this. They will be able to see all of the information on your loan and tax form. 

 

Use this link to get your Customer Code and Phone Number - http://squ.re/contact/

 

(Tip: after clicking the link above, hit More > I Don't See My Issue. There, our phone number will generate along with your customer code).

Kassi
Community Moderator, Square
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