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Get your taxes done using TurboTax
I received a 1099-k from PayPal for 2021. I am in one of the few states with much lower limits ($600). I sold a few used items, all of them for a loss, compared to original purchase price when new. There was no profit on either one of the items sold. Also, I am not a business, and these were personal items.
Do I have to report anything, or do I just ignore this 1099-k form? If I do have to report it, how? I am using TT Premier desktop version for Windows. Thanks!
‎February 27, 2022
6:05 AM