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cyhjang
Returning Member

I sold some things on Mercari for a loss and did not receive a 1099-K. How do I report on my taxes.?

I sold some things on Mercari for a loss, but I don't meet the threshold to receive a 1099-K from Mercari. How do I report this on my taxes? Do I have to? 

 

 

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rjs
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

I sold some things on Mercari for a loss and did not receive a 1099-K. How do I report on my taxes.?

You do not report personal items sold at a loss. You cannot claim the loss on your tax return.

 

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1 Reply
rjs
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

I sold some things on Mercari for a loss and did not receive a 1099-K. How do I report on my taxes.?

You do not report personal items sold at a loss. You cannot claim the loss on your tax return.

 

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