DanielV01
Expert Alumni

Get your taxes done using TurboTax

Don't file.  The 1099-K does not require you to file.  What it is is a statement required by Credit Card merchants to report the fact that they sent you over $600 in the year.  But that doesn't mean the money is taxable or even reportable.  In your case, it's not.  The reason is that the sales you made were on your own used items.  These items have lost value over time, and you did not gain any money from the sale.  Even if you did, you would not have earned income (you do not have a business).  And since the rest of your income is SSI (also not reportable), you don't have a filing requirement.

And truth be told, you're correct.  You would have more potential issues with the IRS for filing than if you simply don't report it.  But keep this information with your records.  If the IRS were to ask questions why you didn't report the income, you can state that this is why.

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