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what was the selling threshold for 2024? how about 2025?
received a 1099, was told the threshold for 2024 was $2,500. Only sold about $1,000,why am I getting a 1099
2 comments
wooden_flower
Mentor7 months ago@trapworld
NJ has a threshold of $1,000.
lady_madonna
Mentor7 months ago2025 reporting threshold
Your state may have a lower threshold, therefore the need for the 1099 to be issued.