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1099k
I'm just wondering received a 1099k for sales and it doesn't add up to what is deposited in bank account. Are transaction fees part of that figure?
1 comment
mr_lincoln
Mentor1 year agoHi @tsit2114
Here is a link to the eBay Help page on 1099K, it explains what is included in their total: eBay and Form 1099-K | eBay
My math was off by about $ 50 this year, don't sweat the small stuff, just report what is on the 1099k for from eBay for income tax purposes. For myself the 1099K from eBay is just one revenue source I report on the Schedule C form ...