Thursday, February 10, 2022

How to Find and Download 1099K 1099-K for Taxes | Are eBay Fees Deductible Business Expense

For the year of 2021, you will get a 1099 or 1099-K if you had BOTH 200 transactions and $20,000 in funds through your eBay account. Even if you don't get a 1099, you still need to report the income from your eBay business. These key factors change in 2022 when the gross sales of just $600 triggers a 1099K. Regardless, any income earned should be reported to IRS. 

If you qualify, eBay will mail a hard copy of the 1099K to the address on file. It is also available under My eBay. Here is how you find the tax paper than can be downloaded or printed.


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