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Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send you a refund for the difference. If you report too much income, the IRS simply assumes that you were paid for some work in some other way, such as by cash or check, rather than an electronic payment processor.

Read the Full CNET Article at:
https://www.msn.com/en-us/money/personalfinance/a-tax-experts-warning-dont-make-this-costly-mistake-if-you-receive-a-1099-k/ar-AA1AiqS4
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