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1099-K
Will I get 1099-K if my sale is under $600?
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Discussions in this board are limited to the original poster and Community Mentors
Will I get 1099-K if my sale is under $600?
wooden_flower
Mentor1 year ago@vp000000
If your total sales for the year including shipping are below $600, you probably will not receive a 1099k. I can't see what state you are in, so I can't say more specifically, since 1 state has a threshold below $600.
The federal threshold might be $5,000 for 2024, but we won't know for sure until the IRS makes it official, but again, in may depend on your home state. It doesn't really matter, since you profit is taxable regardless of receiving a 1099k.