I did file a schedule C. I am a marketplace seller for Walmart, amazon, and ebay. I was under the impression that I would not be receiving a 1099-K since I would have to meet 2 requirements: 200 transactions and $20,000. I did not reach those requirements for all 3 marketplaces. However, when I did my taxes I calculated and claimed all of my revenue and also did my deductions. With that said, I just received a 1099-NEC form from walmart. I am now worried that the IRS will penalize me and not process my refund.
