Paypal has issued these in my state for a few years (MA has greater reporting requirements). Its a pain at tax time. This resulted in me no longer selling as I don’t want the tax hassle and I do want to file an honest return.
Wondering, do auction houses also issue 1099’s? Do other large consignors? Or is just an ebay/pp requirement?
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Thanks for your thoughts, Joe.
Love the late 1800’s Boston Beaneaters and the early Boston Red Sox (1903-1918)!
Also collecting any and all basketball memorabilia.
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