1099 Reporting

[runaway2da]

I have a question. If we are to report our sales (1099) and you sell an item that you bought on Ebay more than three years ago and now sell it at a lose.  How am I suppose to get the sales records if Ebay's sales records only go back three years? I believe the IRS requires everyone to have records going back ten years. At least they can audit you back ten years. So why isn't Ebay being held to the same standard of having access to records that go back ten years?

[jklfindings]

Because it is not eBays responsibility to keep your receipts for you.  Best way to research the original receipt would be through your payment method (paypal, credit card, etc)

[caldreamer]

EBAY only keeps records from the time they switched to new MANAGED PAYMENTS.    If you purchased item 3 years ago you should check your with PayPal.

[femmefan1946]

Look on Paypal or your credit card receipts for the purchase.

But if you used it, the original value no longer applies.

[kensgiftshop]

@runaway2da 

Keeping records for the IRS is your responsibility, not Ebays.