1matsaly
New Member

Do i need to report 1099-k income

I sold a personal good (electronics) on a website in 2018. I received payment ($690) for the sale through PayPal. I sold the personal good for less than what I paid for it.

I am not a merchant nor self-employed. 

I'm of the opinion that I do not have to report/enter this 1099-k on my tax return.

Whats your advice?