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Do I file Hobby Ebay sales with no profit as business or hobby?
I received a 1099-K from paypal for sales on ebay. I live in MA and sold over $600 but far less than the federal $20,000. I did not make a profit on the sales, as they were all my own household items that I bought for more money and no longer use, so I sold for less, like jewelry I don't use, clothes that the kids grew out of, etc. Do I put this information on Schedule C as a business or under additional income under hobby?
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‎June 3, 2019
12:28 PM