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Get your taxes done using TurboTax
Thanks JohnB5677 for the reply and clearing up collectibles from gold coins. That really helps.
So which Turbotax version should I get then for self employment?
BTW, I researched some more and found out that since I went thru ebay's transactions system (i.e., 3rd party settlement) to receive payment and not direct payment cards (like Paypal or debit cards), I may not receive a Form 1099K. My transactions were way below 200 as stated and no where near $20,000 for 2022.
From IRS gov site
"Further, for calendar years after 2021, if you accept payments from a third party settlement organization, you may receive Form 1099-K from that organization. A third party settlement organization connects the parties together (for example, an internet sales site).
You will receive a Form 1099-K if you accepted payments from a third party settlement organization where,
- the total number of your transactions exceeded 200, and
- the aggregate amount of payments you received with respect to any participating payee exceeded $20,000 in the calendar year."