I've almost completed my taxes for this year but this one is vexing to
me. I have had an account on eBay for a long time, of course, but I have
not used it as a business until 2023. When the reporting requirements
changed earlier on, I prepared to fi...
I turned my hobby sales into a side business this year, and want to file
my taxes properly despite the postponement from the IRS. This year, eBay
is not sending me a 1099-K because I didn't meet the $20k/200
transaction reporting threshold, so I am o...
Hi all, long time eBayer, first time poster. I have a hopefully simple
question about how to correctly manage the new tax arrangement we're all
dealing with here. Background: I am a "hobby seller" with low volume who
has used eBay to support my inter...
I've never received a 1099-K from eBay. Are you saying the "reports" tab
contains the amounts that would be put into a 1099-K if I qualified to
receive one, versus the results from the "performance" tab?
I have the CSV from my bank as well, that includes all deposits for the
2023 calender year. To keep things simple the checking account I use for
eBay is purely for selling and completely divorced from any other
activity. There are no deposits into th...
Thanks to both of you for your replies. I also downloaded and checked
the CSVs from both sources yesterday evening and no matter what I did to
reconcile them (ie removing taxes taken out by eBay, looking at
cancelled orders, adding up individual fees...
