02-05-2021 07:43 PM
2020 was my first year selling on EBay. I did not sell $20,000 in product nor have 200 transaction but I received a 1099K. Has anyone had the same experience?
02-05-2021 07:57 PM
Those are the federal thresholds. Many states have set thresholds that are much lower; Virginia's is just $600.
https://www.paypal.com/us/smarthelp/article/i-live-in-vermont-or-massachusetts,-what-are-the-form-10...
02-05-2021 08:00 PM
Thank you.
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