So I received a 1099k from PayPal even though I didn’t receive more than 20k or have over 200 transactions. I only received a little over $1500
My question is, how do I report this on my taxes. The situation is that most of the money received was from selling things on eBay, do I have to pay taxes if I sold used items for less than I bought them? If so is there a way I can deduct the price I payed for the item originally. Also a small amount of money I received was from a payout because I stream on twitch. This is already reported on another 1099, do I have to report it again and get taxed twice. If so is there a way I can avoid double reporting it?
Thanks in advance for any help!
