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New Member
posted Feb 5, 2023 9:18:33 AM

I sold on ebay but didnt get a form 1099k. I have kids and was thinking this would count towards the child tax credit/earned income. how do i report without form?

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2 Replies
Level 15
Feb 5, 2023 9:45:40 AM

you probably have no profit but even if you did such sales are not income.

It doesn't help you.

Level 15
Feb 5, 2023 9:53:11 AM

Q. I sold on eBay and  have kids and was thinking this would count towards the child tax credit/earned income? A. That's possible but highly unlikely.

 

The selling activity would have to qualify as a business (self employment) to be earned income. The mere selling of your used household items is not business and almost never results in a profit. The sales price of the item you sell is not the income, it's the profit you make on the sale.