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Need real answer on 1099-k Form Personal Items eBay
Due to tough times during COVID I sold a ton of personal items on eBay to help pay bills. All these items were taken at a loss then what I paid also not including shipping and fees paid. I tried to stay under the 20k limit to not worry about reporting or dealing with getting a 1099k form. I didn't realize that the 1099k also includes tax eBay collected on MY behalf that I never even saw. That put me over the 20k limit and will now be getting a 1099k. How do I report this on my taxes??? I made no profit technically but will have a 1099k for over $20,000. Is there a way to zero it out with an easy explanation. I am not a business I use Turbo Tax for personal use. Last thing I need is an audit trying to find reciepts for these items I originally purchased years ago. Thank you.