1099 forum for less than 200 items sold?

[squall387]

Its been my understanding that they were only sent out for people who have sold over 200  items and/or made $20,000. Has this since changed?  I sold 160 items and only made around $1,300.  Not really a big deal, I'm just curious.

[eburtonlab · Accepted solution]

The threshold for issuing a 1099 (or a 1099K) may vary depending upon the law in your state.

Massachusetts currently has a $600 threshold, I believe.

The IRS and your state will likely expect you to declare all income sources, regardless of whether a 1099 is required to be issued or not.

[coastaltechsolution]

This tax season you are correct but 2021 tax will be $600.00 for 1099 Federal law 

Does not matter though you still need to report earning as required 

[nobody*s_perfect]

Yes, a few years ago Massachusetts became one of 6 states that have already set the threshold for a 1099-K at $600.

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

[squall387]

Massachusetts here, so I guess I have my answer. Thanks.

[eburtonlab]

You are most welcome.

[regina615]

Does this 200 include active, sold & unsold? Very confusing.