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I sold less than 200 items and less than 20k but still got a 1099K ?
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on 01-24-2021 03:11 PM
I only sell occasionally on ebay to get rid of some stuff. In 2020 I sold less than 200 items and less than 20k (probably received 1k in total) but still got a 1099K from Paypal? I read online that it comes when you have sold more than 200 items (transactions) or the total amount is more than 20k?
Am I still supposed to report this (deducting all the fees and taxes and other expense myself)? I don't have eBay's Managed Payments yet.
Thanks in advance.
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