Hello. I sold $400 total items on Mercari for the entire year and I am wondering if I have to file that since it’s below the $600 threshold for the year? Thanks

posted

Connect with an expert

3 Replies

Hello. I sold $400 total items on Mercari for the entire year and I am wondering if I have to file that since it’s below the $600 threshold for the year? Thanks

If you sold personal items for less than you paid for them you owe no tax on that income. If you don’t receive a 1099-NEC from Mercari you don’t have to report it.

Hello. I sold $400 total items on Mercari for the entire year and I am wondering if I have to file that since it’s below the $600 threshold for the year? Thanks

Okay. Sounds great! Thanks! If I continue to sell in 2025, the threshold will start over since it is a brand new year, correct? Just want to make sure I am doing everything correctly!

Hello. I sold $400 total items on Mercari for the entire year and I am wondering if I have to file that since it’s below the $600 threshold for the year? Thanks

Correct.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

Hello. I sold $400 total items on Mercari for the entire year and I am wondering if I have to file that since it’s below the $600 threshold for the year? Thanks

Hello. I sold $400 total items on Mercari for the entire year and I am wondering if I have to file that since it’s below the $600 threshold for the year? Thanks

Hello. I sold $400 total items on Mercari for the entire year and I am wondering if I have to file that since it’s below the $600 threshold for the year? Thanks

Hello. I sold $400 total items on Mercari for the entire year and I am wondering if I have to file that since it’s below the $600 threshold for the year? Thanks

Get more help

Do you have a TurboTax Online account?

Hello. I sold $400 total items on Mercari for the entire year and I am wondering if I have to file that since it’s below the $600 threshold for the year? Thanks

Do you have an Intuit account?

Hello. I sold $400 total items on Mercari for the entire year and I am wondering if I have to file that since it’s below the $600 threshold for the year? Thanks

Hello. I sold $400 total items on Mercari for the entire year and I am wondering if I have to file that since it’s below the $600 threshold for the year? Thanks

Hello. I sold $400 total items on Mercari for the entire year and I am wondering if I have to file that since it’s below the $600 threshold for the year? Thanks

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert