Only if you met the requirements for receiving a 1099. This year the requirement is you had at least 200 transactions with a combined value of at least $20,000. For tax year 2024 the requirement is $600 but may be changed by the IRS to $5,000. There are some States that require eBay to issue the 1099 at a much lower rate so you need to go to your Seller Hub and check the Payments tab and look at the Tax tab.
jacbarcollectibles
Mentor2 years agoOnly if you met the requirements for receiving a 1099. This year the requirement is you had at least 200 transactions with a combined value of at least $20,000. For tax year 2024 the requirement is $600 but may be changed by the IRS to $5,000. There are some States that require eBay to issue the 1099 at a much lower rate so you need to go to your Seller Hub and check the Payments tab and look at the Tax tab.