mam98031 • Volunteer Community Member • Buyer/Seller since 1999
Best regards,
I understood your position from your first post. I do not know why you have the need to post it time and time again. I simply isn't necessary yet you persist.
@valueaddedresource wrote:
@mr_lincoln wrote:
@valueaddedresource wrote:@mr_lincoln it may be a little trickier than that.
Since eBay updated the transaction reports to include eBay collected sales tax, that seems to be retroactive back to our MP start date. My accounting department requested that I pull a report from our start date to end of year so they can do their thing and it does now show that column with entries back to our enrollment date.
Like I said, I think that is a good thing, regardless of what the answer ends up being for the 1099K. 😊 Giving sellers more data vs less is pretty much always the right call in my opinion.
However, I don't think it necessarily has to be true that just because it is now in the transaction report, that means it absolutely must be on the 1099K too. It's certainly possible it means that, but it's also possible that the transaction report is for our information/records and not necessarily "proof" that the eBay collected tax is paid to sellers and should be included in the 1099K.
In fact, when you look at the report and compare subtotal to Gross Transaction amount, the only Gross Transaction Amounts that appear to include sales tax are the seller collected tax ones.
The transactions with eBay Collected Tax still show no change to the Gross Transaction Amount which would tend to lend some credibility to them not being included in the 1099K.
But yes, I absolutely 100% agree with this! "eBay should simply be able to TELL US instead of US telling them once we get all the data from our accounts"
Let me ask you this ... do they include the Sales tax in the Total transaction amount on the retroactive CSV reports? Here's my concern ... if they do then they contributed to falsifying my 3Q20 Quarterly State Tax ID report ... (idiots) ...
@mr_lincoln that screenshot is from the report I pulled yesterday for August - end of year 2020. The column that says eBay Collected Tax extends through that complete report, and shows eBay collected tax amounts and seller collected tax amount going back all the way to the date of our first sale in MP.
The Gross Transaction Amount column appears to include seller collected tax, but not include eBay collected tax going back to August as well.
So just to be clear, as far as I can tell from the newest version of the transaction report, the Gross Transaction Amount column in this report only includes sales tax collected by the seller and that goes back to our start date in Managed Payments.
@valueaddedresource Here's a screen shot of Sept 2020 ...Column R is Seller collected tax (completely blank) .. eBay collected tax column did not exist when this was downloaded in Oct 2020. Thanks for confirming the Transaction total does NOT include the eBay Collected Tax on the latest report ...
On a side note, while they really screwed up the whole tax thing BOY they didn't miss getting those columns included for their FEES did they!!! (5 columns for fees LOL!)
@mr_lincoln wrote:
@valueaddedresource wrote:
@mr_lincoln wrote:
@valueaddedresource wrote:@mr_lincoln it may be a little trickier than that.
Since eBay updated the transaction reports to include eBay collected sales tax, that seems to be retroactive back to our MP start date. My accounting department requested that I pull a report from our start date to end of year so they can do their thing and it does now show that column with entries back to our enrollment date.
Like I said, I think that is a good thing, regardless of what the answer ends up being for the 1099K. 😊 Giving sellers more data vs less is pretty much always the right call in my opinion.
However, I don't think it necessarily has to be true that just because it is now in the transaction report, that means it absolutely must be on the 1099K too. It's certainly possible it means that, but it's also possible that the transaction report is for our information/records and not necessarily "proof" that the eBay collected tax is paid to sellers and should be included in the 1099K.
In fact, when you look at the report and compare subtotal to Gross Transaction amount, the only Gross Transaction Amounts that appear to include sales tax are the seller collected tax ones.
The transactions with eBay Collected Tax still show no change to the Gross Transaction Amount which would tend to lend some credibility to them not being included in the 1099K.
But yes, I absolutely 100% agree with this! "eBay should simply be able to TELL US instead of US telling them once we get all the data from our accounts"
Let me ask you this ... do they include the Sales tax in the Total transaction amount on the retroactive CSV reports? Here's my concern ... if they do then they contributed to falsifying my 3Q20 Quarterly State Tax ID report ... (idiots) ...
@mr_lincoln that screenshot is from the report I pulled yesterday for August - end of year 2020. The column that says eBay Collected Tax extends through that complete report, and shows eBay collected tax amounts and seller collected tax amount going back all the way to the date of our first sale in MP.
The Gross Transaction Amount column appears to include seller collected tax, but not include eBay collected tax going back to August as well.
So just to be clear, as far as I can tell from the newest version of the transaction report, the Gross Transaction Amount column in this report only includes sales tax collected by the seller and that goes back to our start date in Managed Payments.
@valueaddedresource Here's a screen shot of Sept 2020 ...Column R is Seller collected tax (completely blank) .. eBay collected tax column did not exist when this was downloaded in Oct 2020. Thanks for confirming the Transaction total does NOT include the eBay Collected Tax on the latest report ...
On a side note, while they really screwed up the whole tax thing BOY they didn't miss getting those columns included for their FEES did they!!! (5 columns for fees LOL!)
You're welcome @mr_lincoln ! Glad it helps. And yes, sometimes it is very clear to see exactly what eBay's priorities are. 😂
@valueaddedresource Wrote: "You're welcome @mr_lincoln ! Glad it helps. And yes, sometimes it is very clear to see exactly what eBay's priorities are."
Yes, a severe case of the "I, Me, My, Mine" syndrome (First person singular possessive if memory serves)
@mr_lincoln wrote:@valueaddedresource Wrote: "You're welcome @mr_lincoln ! Glad it helps. And yes, sometimes it is very clear to see exactly what eBay's priorities are."
Yes, a severe case of the "I, Me, My, Mine" syndrome (First person singular possessive if memory serves)
I must have missed something, sorry for that. So are you two saying that not having those expenses on the reports somehow make it better? How's that work? I just don't follow the point of contention about all charges or receipts of monies being on the report.
@mam98031 wrote:
@mr_lincoln wrote:@valueaddedresource Wrote: "You're welcome @mr_lincoln ! Glad it helps. And yes, sometimes it is very clear to see exactly what eBay's priorities are."
Yes, a severe case of the "I, Me, My, Mine" syndrome (First person singular possessive if memory serves)
I must have missed something, sorry for that. So are you two saying that not having those expenses on the reports somehow make it better? How's that work? I just don't follow the point of contention about all charges or receipts of monies being on the report.
Please excuse my above post. I think my sense of humor had left the building. I get it now, you two were just having a little fun. My bad ENTIRELY, Sorry!
@mam98031 wrote:
@mr_lincoln wrote:@valueaddedresource Wrote: "You're welcome @mr_lincoln ! Glad it helps. And yes, sometimes it is very clear to see exactly what eBay's priorities are."
Yes, a severe case of the "I, Me, My, Mine" syndrome (First person singular possessive if memory serves)
I must have missed something, sorry for that. So are you two saying that not having those expenses on the reports somehow make it better? How's that work? I just don't follow the point of contention about all charges or receipts of monies being on the report.
@mam98031 You mean the eBay collected Sales Tax? The only reason I would need that on the MP CSV report is if they are including the Sales tax they collect in the Gross total on the 1099K form, jury is still out on that BUT @valueaddedresource confirmed that the eBay collectedsales tax was NOT part of their Aug 2020 Gross transaction total ...
Now, even if they include in on future 1099Ks but NOT on 2020 1099Ks then the retroactive eBay collected sales tax column they ADDED is meaningless ... but it gives them practice to see if it works so if that's the case I "get" that.
As to the other "5 Fees columns" comment, are you talking about that?!? If so that was just my superior wit laying down some levity pointing out the fact that they are clueless on the whole 1099K (thing which Sellers REALLY need to know) but boy they made sure they had a place (5 of them to be exact) for them to post their fees LOL (meaning it's all about them)! Sorry about that ... but sometimes I love my humor ...
@mam98031 wrote:
@mam98031 wrote:
@mr_lincoln wrote:@valueaddedresource Wrote: "You're welcome @mr_lincoln ! Glad it helps. And yes, sometimes it is very clear to see exactly what eBay's priorities are."
Yes, a severe case of the "I, Me, My, Mine" syndrome (First person singular possessive if memory serves)
I must have missed something, sorry for that. So are you two saying that not having those expenses on the reports somehow make it better? How's that work? I just don't follow the point of contention about all charges or receipts of monies being on the report.
Please excuse my above post. I think my sense of humor had left the building. I get it now, you two were just having a little fun. My bad ENTIRELY, Sorry!
Now @mam98031 , you know better than to leave one of these lively discussions right in the middle, shame on you.
@mr_lincoln wrote:
@mam98031 wrote:
@mam98031 wrote:
@mr_lincoln wrote:@valueaddedresource Wrote: "You're welcome @mr_lincoln ! Glad it helps. And yes, sometimes it is very clear to see exactly what eBay's priorities are."
Yes, a severe case of the "I, Me, My, Mine" syndrome (First person singular possessive if memory serves)
I must have missed something, sorry for that. So are you two saying that not having those expenses on the reports somehow make it better? How's that work? I just don't follow the point of contention about all charges or receipts of monies being on the report.
Please excuse my above post. I think my sense of humor had left the building. I get it now, you two were just having a little fun. My bad ENTIRELY, Sorry!
Now @mam98031 , you know better than to leave one of these lively discussions right in the middle, shame on you.
Oh Mr. Lincoln, I've always enjoyed your humor, I just didn't see that one right away. That is my bad.
As for leaving the conversation. Sometimes that is best when it gets really circular. I had nothing to offer that I had not already said.
@mam98031 wrote:
@mr_lincoln wrote:
@mam98031 wrote:
@mam98031 wrote:
@mr_lincoln wrote:@valueaddedresource Wrote: "You're welcome @mr_lincoln ! Glad it helps. And yes, sometimes it is very clear to see exactly what eBay's priorities are."
Yes, a severe case of the "I, Me, My, Mine" syndrome (First person singular possessive if memory serves)
I must have missed something, sorry for that. So are you two saying that not having those expenses on the reports somehow make it better? How's that work? I just don't follow the point of contention about all charges or receipts of monies being on the report.
Please excuse my above post. I think my sense of humor had left the building. I get it now, you two were just having a little fun. My bad ENTIRELY, Sorry!
Now @mam98031 , you know better than to leave one of these lively discussions right in the middle, shame on you.
Oh Mr. Lincoln, I've always enjoyed your humor, I just didn't see that one right away. That is my bad.
As for leaving the conversation. Sometimes that is best when it gets really circular. I had nothing to offer that I had not already said.
@mam98031 Well, yours truly sometimes needs something repeated several times before the light goes on and I "finally get it".
You I do fine with. There are no issues that I'm aware of. Heck there have been subjects in the past that I've repeatedly asked you to explain and you were always forthcoming with me and helpful no matter how long it took for my light to go on. 😍
@mam98031 wrote:
You I do fine with. There are no issues that I'm aware of. Heck there have been subjects in the past that I've repeatedly asked you to explain and you were always forthcoming with me and helpful no matter how long it took for my light to go on. 😍
Actually @mam98031 you bring up a really important point I've made on The Community many times ... you and I don't always see eye to eye on subjects ... but that's okay because there are many topics that we do. THAT is the nature of discussion, community, knowledge of the facts and processes, etc. There are some who don't seem to be able to do that or at least do it grudgingly. These threads have a natural life to them ... they run for a little while then drop off the face of the earth and in a week nobody cares ... sure, we get those occasional Helpfuls or Replies from folks days or weeks later but those are more passing comments or somebody with the need to share their opinion or view or just getting caught up on some reading.
I will actually give Helpfuls to members with opposing views at times ... not because I agree per se but because they are entitled to their warped opinion and I acknowledge that or give them credit at least for being willing to post it.
@mr_lincoln wrote:
@mam98031 wrote:
You I do fine with. There are no issues that I'm aware of. Heck there have been subjects in the past that I've repeatedly asked you to explain and you were always forthcoming with me and helpful no matter how long it took for my light to go on. 😍
Actually @mam98031 you bring up a really important point I've made on The Community many times ... you and I don't always see eye to eye on subjects ... but that's okay because there are many topics that we do. THAT is the nature of discussion, community, knowledge of the facts and processes, etc. There are some who don't seem to be able to do that or at least do it grudgingly. These threads have a natural life to them ... they run for a little while then drop off the face of the earth and in a week nobody cares ... sure, we get those occasional Helpfuls or Replies from folks days or weeks later but those are more passing comments or somebody with the need to share their opinion or view or just getting caught up on some reading.
I will actually give Helpfuls to members with opposing views at times ... not because I agree per se but because they are entitled to their
warpedopinion and I acknowledge that or give them credit at least for being willing to post it.
Hard to disagree with any of that!!! FYI, I've learned MUCH from you over the years!
Just in case this is of any help.
https://www.irs.gov/pub/irs-pdf/i1099k.pdf
Box 1a. Gross Payment Card/Third Party
Network Transactions
Enter in box 1a the gross amount of the total reportable
payment card/third party network transactions for the
calendar year. Gross amount means the total dollar amount
of total reportable payment transactions for each participating
payee without regard to any adjustments for credits, cash
equivalents, discount amounts, fees, refunded amounts, or
any other amounts. The dollar amount of each transaction is
determined on the date of the transaction.
Exception for de minimis payments. A TPSO is required
to report any information concerning third party network
transactions of any participating payee only if for the calendar
year:
• The gross amount of total reportable payment transactions
exceeds $20,000, and
• The total number of such transactions exceeds 200.
For examples of reportable payment transactions,
including responsible filing parties, see Regulations section
1.6050W-1(e).
Just as a hypothetical, if the actual flow of money were to look like this, what amount do you think would qualify as "total reportable payment transactions for each participating payee" assuming the payee in question is the seller?
