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1099K from PayPal
Hello,
I'm not self-employed and I have a W-2 form, but I have sold several items on eBay, and PayPal sent me a 1099-K form. I didn't get any profit, because I sold items at lower prices than I purchased them earlier. It was like a garage sale. How should I file the 1099-K form in my case? I tried "Other Common Income", but TurboTax says "We don't need to create a separate entry for your 1099-K info in TurboTax. That's because your 1099-K income should already be included in other income, such as your self-employment or rental income". If I click on the "Self-Employment" it requires to upgrade for $155. These sales on eBay were as a part of my hobby, I just sold items I don't need anymore.
Thanks.
‎January 26, 2021
5:24 PM