1099-K

[culmerkid]

For the first time I received a 1099-K.  Do the totals on the paper include postage, sales tax and fees for the items sold? Because my totals don't match what the paper says I have sold.

[evry1nositswindy]

A 1099k is a gross total.  Use a Schedule C to get your net.  You can deduct eBay fees, postage, mileage, returns, etc.  Tax is not included on the form so you don't need to worry about that.