04-12-2022 11:26 PM
Not sure where else to turn on this one, so I thought I'd just put up a message and see if anyone had any suggestions.
I am currently trying to re-certify my Income-Driven Repayment plan for my student loans with Navient. I am currently unemployed, and so do not have any income from wages/salary, but I have eclipsed the income threshold and so I do have reportable income. They are telling me that they need proof of whatever income I've made from selling on eBay for 2022. I initially tried uploading monthly summaries of my sales to them, but they told me that was not good enough and that they needed something which would give them a Gross Income number. I guess the best thing I could send them would be a 1099-K, but I won't get that for another 8-9 months and I assume there's no way to get some kind of early year-to-date version of it. I got a transaction report from eBay listing all the individual sales, but the gross income still isn't listed - just selling price and shipping listed individually and no totals anywhere.
I was just curious if anyone had any ideas of what I could provide to them that might suffice as documented proof of my Gross Income. Any help would be greatly appreciated. Thanks in advance!
04-17-2022 11:55 AM
Also, if you are really just flipping out the cards you don't want to keep from what you end up with it will basically always end up as a loss. You are only going to end up with actual physical profits like I have now if you are buying collections and piecing them out for more money.