03-18-2025 05:42 AM
Why are Transaction Fees included Gross Income on 1099-K ?
03-18-2025 05:46 AM
The IRS requires eBay to report the Gross income.
The filer (you) report your business expenses such as fees.
Just report your fees on your tax forms.
You should consult a tax professional if you have questions on how to report your fees and expenses.
03-18-2025 05:52 AM
Take a look at a Schedule C. You can deduct final value fees, postage, cost of goods, returns, etc to find your net.
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evry1nositswindy • seller since 2013
