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I didn’t have a job last year. I only sold some of my old stuff online and made 835$ in PayPal. Got 1099. Should I report?

No profit was made really.

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DDollar
Expert Alumni

I didn’t have a job last year. I only sold some of my old stuff online and made 835$ in PayPal. Got 1099. Should I report?

If you had no earned income, and no other income other than the proceeds from Online sales, you are not required to file a tax return.  If the IRS sends you a letter about not filing/reporting the Form 1099 (I would be surprised if they do), just respond back and explain that it was selling personal items online.  That will take care of it.

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DDollar
Expert Alumni

I didn’t have a job last year. I only sold some of my old stuff online and made 835$ in PayPal. Got 1099. Should I report?

If you had no earned income, and no other income other than the proceeds from Online sales, you are not required to file a tax return.  If the IRS sends you a letter about not filing/reporting the Form 1099 (I would be surprised if they do), just respond back and explain that it was selling personal items online.  That will take care of it.

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