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1099K from paypal where do i enter it and do i need to?
I'm using turbo tax deluxe and looking to enter a 1099k paypal sent me, i only sold a little over $2000 worth of things on ebay is it still necessary to report it?
I was under the impression you needed to sell $20,000 or have 200 auctions in the state of Va.
I am only a individual that sells electronics once in awhile that i have previously bought to fund other purchases such as XBOX, PS4, Computers, Camera equipment etc.
If i must claim the $2000 i have sold can i also claim the ebay/paypal fees and the original cost of the item?
Thank You
‎January 25, 2021
5:48 PM