Locked
Discussions in this board are limited to the original poster and Community Mentors
1099
Do I get a 1099 From Ebay? Is there a magic number for a dollar amount of sales at which point I do receive one?
Thanks in advance!
1 comment
Locked
Discussions in this board are limited to the original poster and Community Mentors
Do I get a 1099 From Ebay? Is there a magic number for a dollar amount of sales at which point I do receive one?
Thanks in advance!
comics-scifi-collectibles
Mentor3 years ago@hooked_on_quilting Only sellers that live in states with a lower threshold than 20k 200 items received one this year.
If you do receive on it would be on your payments tab under taxes: https://www.ebay.com/sh/fin
You do still need to report any profits and pay taxes on them even if you don't get a 1099k
I like this report for filing my taxes:
https://www.ebay.com/sh/fin/reportslanding You still need to deduct other expenses such as supplies that you have receipts for and item cost.