1099k and W2g
1st I have birth of $5,000,000 that will show up on a 1099k from PayPal of that an estimation of $280,000 will be income. Is there a form to file (maybe opptional) that explains this to the irs so I don’t have to be audited or deal with correspondence. Because I’m a professional gambler so most of that money is my own money being cycled repetitively deposited into a site and then withdrawn out etc.
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