LockedDiscussions in this board are limited to the original poster and Community MentorsBuying & SellingChevronRightIconAsk a MentorChevronRightIcon600 tax limit Is the 600 selling taken affect for 2024 or is there a new limit bbcmbo1234561044View listingsPosted 2 years ago·Last reply 2 years ago 2 commentsComment Newestlady_madonnaMentor2 years ago*Volunteer Ebay Mentor*1039View listings@bbcmbo123456 There is no "tax limit". Sellers must report all income when filing taxes, regardless of receiving the 1099K. If you meet the threshold for receiving a 1099K from Ebay (currently $600), it will be available Jan. 31st.https://www.ebay.com/help/selling/fees-credits-invoices/ebay-form-1099k?id=4794 dryopheliaMentor2 years agoalready ready already9View listings@bbcmbo123456 A quick Google search showed me this. What is the threshold for 1099-K in SC? Beginning in 2022, third-party payment processors like Venmo, Zelle, PayPal and Square must file a Form 1099-K for any taxpayer who receives over $600 in gross payments for goods or services during a year.Aug
lady_madonna
Mentor2 years ago@bbcmbo123456
There is no "tax limit". Sellers must report all income when filing taxes, regardless of receiving the 1099K.
If you meet the threshold for receiving a 1099K from Ebay (currently $600), it will be available Jan. 31st.
https://www.ebay.com/help/selling/fees-credits-invoices/ebay-form-1099k?id=4794
dryophelia
Mentor2 years ago@bbcmbo123456
A quick Google search showed me this.