MinhT1
Expert Alumni

Get your taxes done using TurboTax

If you sold your used personal items on Ebay, you almost certainly sold them for less than what you paid for these items. You have thus incurred a loss. Losses on personal items are not deductible and are not reported on your tax return.

 

If this is the case, you do not need to report this form 1099-K on your tax return. Just keep that form in your tax records along with any proof you may have that it was for the sale of personal items at a loss.

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