That's when Ebay has to report your income, that has nothing to do with you having to report it.
Unavailable member
·2 years ago
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No the threshold for eBay to send a 1099 to you and the IRS is 200 items AND $20k. If your states reporting threshold is lower you will receive one. Even if you don't receive a 1099 you are required to declare your eBay income on your taxes.
simba6
·2 years agoReporting levels do not excuse you from any taxes you may owe.
kensgiftshop
·2 years agoThat's when Ebay has to report your income, that has nothing to do with you having to report it.
Unavailable member
·2 years agoNo the threshold for eBay to send a 1099 to you and the IRS is 200 items AND $20k. If your states reporting threshold is lower you will receive one.
Even if you don't receive a 1099 you are required to declare your eBay income on your taxes.
Consult a tax accountant professional for advice.