Hal_Al
Level 15

Get your taxes done using TurboTax

Q. Will I be required to file taxes with the 1099-K that Ebay is going to send me for the $1500 of personal items I sold in Ebay? 

A. Simple answer: No.

 

But, we don't really know, yet, what the IRS will be doing.  For those who already need to file, but get a 1099-K from eBay (and their ilk), the tax forms and TurboTax (TT) software will be able to report the sale of personal items without treating it as self employment. TT can do that for 2022 returns.  

 

In your case, you don't need to file. But we don't know yet what the IRS will be doing with those $400+ 1099-K forms.