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    #16
    Originally posted by DonPriebe View Post
    As noted previously, he will not receive a 1099-MISC from PayPal, he will receive a 1099-K (if in fact he receives anything). And for 2011, the Schedule C instructions say to show -zero- on the 1099-K line even if you did receive such a form.
    That's a clerical nit (and not an indication that the 1099-K can be ignored this year). For this year, 1099-K amounts need to be included on the line after the 1099-K line.

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