I heard 1099K go's back to the 200 or 20,000 for this year - true or not?

[donwad-2829]

Is it true?

[ebooksdiva]

It’s true but it doesn’t matter, sellers still need to report their income from eBay sales regardless of the threshold eBay needs to send 1099. 

[nobody*s_perfect]

True. Yesterday the IRS announced another year of delay in reducing the threshold at the federal level.  However, you (and the IRS) will still get a 1099-K  if your state has set a lower threshold. Here's the IRS announcement. 

https://www.irs.gov/newsroom/irs-announces-delay-in-form-1099-k-reporting-threshold-for-third-party-...

[heckofagame]

I think we will see all states establishing their own threshold very soon.