Ebay tax reporting drops from $20,000 to $600

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01-26-2022, 06:51 PM

CTDean

member

Join Date: Apr 2009

Location: Maryland

Posts: 137

Just printed my Paypal 1099K - eBay next

All eBay sales will show up on your 1099K's. I'm in Maryland and it is one of the states that use the $600 figure this year. I just printed my Paypal 1099K for January thru June 2021. In June I went to eBay managed payments and will be getting an eBay 1099K for June thru December 2021 sales. The 1099K's will include all eBay sales for the year no matter the payment method used by the buyer through paypal or eBay's managed payments. Here the $600 in a year is the only factor, the number of sales has no meaning.

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