Client was issued a 1099-K for his sisters sales on HIS pay pal account. She was locked out and asked him if she could use his pay pal account for her small business, he said yes. She promised to keep it under 20,000 and didn't. He has 20,800 reported to him in the 1099-K. Can he nominee this back to her under the Aggregated payees instructions? I don't know where to go with this one! Oh, also the money went into her bank account not his.
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