1099 and end of year sales question

[modulok!]

For 2023 I don't think I will be receiving a 1099-k (over 300 sales but under $20,000).  I need to know when is the cutoff for sales being included in the 2023 tax year and what sales will be included in the 2024 tax year?  Is the determination based on the date the sale/payment was made?  Or the date Ebay initiated the payout?  Or the date the payout funds were actually sent?  Thank you in advance.

[nobody*s_perfect]

The date that eBay received the payment.

"As Form 1099-K is an IRS information return, it includes the gross amount of all reportable payments within a calendar year, based on when funds settle to eBay, not necessarily when funds are received by sellers."

https://www.ebay.com/help/selling/fees-credits-invoices/ebay-form-1099k?id=4794

[modulok!]

All of my sales are Immediate Payment Required, so does that mean that all sales made on 12/31/2023 will be included in the 2023 tax year (even though the payout wasn't initiated until 1/1/2024)?

[dbfolks166mt]

     What state are you in? In addition to the information nobody*s_perfect provided the numbers you referenced are at the Federal level. There are 8 states that already have their own established 1099-K issuance thresholds. The federal delay does NOT impact or override state requirements so you may well get a 1099.

[modulok!]

North Dakota

[modulok!]

I received a 1099-k for 2021 and 2022 but won't for 2023.  Everything is so much easier when I get a 1099-k (know what sales to include/exclude for the given year).

[stephenmorgan]

There is a Report available that will give you the totals for the year.  If you kept tract of all you sales you should be able to figure out the last transaction eBay counted for 2023.

This may get you there.

https://www.ebay.com/sh/fin/reportslanding

If not, then there is a series of steps to get to it, but it is there.

There are other reports that will provide much more information on each individual sale.

My totals are off by 40¢ so I am going to have to go back thru every transaction and find the error.

[css2001]

Just use the figures ebay reported in your Dec 2023 statement summary.pdf
It can be found here:

https://ppcapp.ebay.com/myppc/wallet/list?open=true