I sold an item on eBay for $270 eBay paid me $233.35 via my Chase
account. I received 1099-K that shows $270 in March. since I have to
report this on my taxes should it not show $233.35 on the 1099-K?
Can you Explain this to me. I sold one item for $270.00 eBay paid you me
$233.35 via my Chase account but you are reporting $270 on my 1099-K.it
makes no sense. If I claim $270 on my taxes it is as if I made $270 from
selling the item. I only made $2...
I am dealing with the same issue. The amounts on the 1099-k do not match
the amounts that I received in my bank. Also they added refunds they
gave me that had nothing to do with anything I sold.
