eBay

luis3032016 · 02-03-2025

I just got my first 1099-K and I'm nervous. According to eBay, I've sold more than 18K worth of stuff last year (2024). The 1099 is not itemized, and I'm aware that I owe Income Tax only on items that made a profit , so how do I prove most of my item...

luis3032016 · 03-26-2016

I had to close my Debit Card and get a new card because my account was "possibly" compromised. I was a bit inconvenienced but with ID theft rampant these days I feel safer with a new account number and it was worth the hassle of updating automatic pa...

luis3032016 · 02-03-2025

I'm getting out of selling after I reach this year's $600 threshold. This isn't worth it.

luis3032016 · 02-03-2025

Paint me a picture of what I should expect when I visit my H&R Block. What will my preparer need from me besides the 1099? Is he going to ask me for all these records? Will he just say, "do this, let's do that", he'll fill in some blanks and I'll wal...

luis3032016 · 02-03-2025

It'll take me a LOT longer than 8 hours. It's close to 500 transactions. I'd have to dig up records from the purchases as well as the actual sales for each item, figure out what to deduct as far as fees, find records for materials I purchased online ...

luis3032016 · 02-03-2025

I sold physical media I no longer needed or wanted (Blu-rays/DVDs) from my personal collection. I made some profit off of some but most were "at a loss". I purchased the majority new online so I don't have any records, just the archived pages of my p...

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