Greetings !
I wandered around the forum months ago before I did more reading. I believe I have a grasp of the Ebay 1099k scenario. I have filed a 1040-SR for several years. This will be the first for submitting a 1099k, with this years upcoming filing. I am assuming the Turbo product I have used, will guide me as it has always, when adding the 1099k. I know that I will have to add the Schedule 1, C and SE tax. My only question is, will the product I have be able to file these, or will I have to "purchase" some sort of upgrade. So that I will try and avoid the "consult a tax professional" remark, I have been competent in using the online product for 7 years now. I have used it both when I was employed and in my retirement. I have simple incomes - SSA and a meager pension. The only fluff is the 1099k this time. My filings have always been easy. I want the addition of this 1099k to be as easy. I don't have any business expenses at hand, other than where I can take the ebay fees, shipping and state tax collected as adjustments against my gross "business" earnings. BTW THANKS Joe for the threshold change, and hiring 87k extra guys to come and knock our doors down....I vaguely remember the United Stats Constitution and "no taxation, without representation"...I digress...
