I live in Massachusetts and have the same situation. I got a 1099-k from PayPal the other day as a result of selling my personal used goods on eBay. The total number of transactions is far less than 200 and amount of paid is around $4k. I searched "schedule c" in TurboTax, and answered a couple of questions. The 1099-k ends up with an item"Self-employment income and expenses" in my turbotax, and I need to pay several hundreds for federal, and around a hundred for state. Are these expected for $4,000 as the total paid amount?
