Incorrect 1099-K received

[JohnR987]

I received a 1099-K from eBay for an an account I don't have, and sales I did not make. The 1099 came to me personally, under my social security number. I locked down my credit files with the credit bureaus, and there is no other issue related to identity theft of any kind. EBay is refusing to correct the issue, as that is the info they had at the end of 2022 in their files, even though it was not me and I never received a cent. How do I deal with this on my taxes as the $46,992.52 has been reported to the IRS as income.

[Vanessa A]

According to the IRS, if you receive an incorrect 1099-K, and the issuer will not correct it, you should take the steps below:

"If you received a Form 1099-K by mistake or if the form you received has incorrect information, contact the issuer of the Form 1099-K immediately. The issuer’s name appears in the upper left corner on the form along with their phone number.

If you can’t get a corrected Form 1099-K, report as follows:

Same as personal assets sold at a loss except changing the description as follows:

• Part I – Line 8z – Other Income – Form 1099-K Received in Error
• Part II – Line 24z – Other Adjustments - Form 1099-K Received in Error"

Also, since your SSN was used, you  may want to contact the IRS to deal with any Identity theft issues that may arise.