How do onlyfans handle fraud purschases
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How do onlyfans handle fraud purschases
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WebSep 30, 2024 · You may be inclined to report only 80% as sale, as that’s what you received in your bank account. However, the correct procedure is to report 100% of your sales (add-back the 20%) and claim 20% as an administration fee on Line 8871 (the “Management and administration fee”) on T2125 – Statement of Business or Professional Activities.
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