MinhT
Expert Alumni

Get your taxes done using TurboTax

If this 1099-K is for selling your old personal use property on E-bay, you do not need to report it on your tax return. You just keep that form 1099-K in your tax records for at least three years.

The only exception is when you sold a personal use property which is a collectible at a price higher than what you paid for it. If this is the case, please add a comment and I will guide you further. 

If you sold stuff at a price lower than what you paid for it, there is nothing to report.

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