My 1099-k for 2021 from eBay shows $1266.55 (and mind you they didn't remove cancelled transactions, their fees, or my shipping fees) but even so, its not $20,000 and no where near 200 transactions. I'm in California, which is not on the list for State exceptions for those who reside in states with additional reporting requirements have received a 1099-K, even if they have not met the 200/$20,000 threshold (list below is what I understand are the exceptions)
- Arkansas - $2,500 in gross payments with no threshold on the number of transactions
- District of Columbia - $600 in gross payments with no threshold on the number of transactions
- Illinois - $1,000 in gross payments and a minimum of 4 transactions
- Maryland - $600 in gross payments with no threshold on the number of transactions
- Massachusetts - $600 in gross payments with no threshold on the number of transactions
- Mississippi - $600 in gross payments with no threshold on the number of transactions
- New Jersey - $1,000 in gross payments with no threshold on the number of transactions
- Virginia - $600 in gross payments with no threshold on the number of transactions
- Vermont - $600 in gross payments with no threshold on the number of transactions
So, why am I stuck with eBay sending me a 1099-k to deal with for tax purposes?
