I sold some items on ebay, I received money via PayPal. PayPal has recently given me a 1099K form. I've never had to do this before, I don't know how to report it

[vbullock93]

I went to go attempt to fill in the 1099K Form PayPal provided me, TurboTax instead told me "We don't need a separate entry for your 1099K. It should already be included in other income such as self-employment"

But this wasn't self-employment, just side things sold on ebay.

[LenaH]

You would report your eBay income on a Schedule C. For tax purposes, self-employment income includes any part-time businesses or "side work" performed in which you are in business for yourself, rather than another person. You are also considered self-employed if you engage in business-like activities where you intend to make a profit. 

In order to report your self-employment income in 2020, you will need to enter your gross earnings and your business expenses on your Schedule C. To access these fields in TurboTax, complete the following steps:

1. Open your return in TurboTax.
2. Search for Schedule C with the magnifying glass tool on the top of the page.
3. Select the Jump to Schedule C link in the search results.
4. Select Yes to the question Did you have any self-employment income or expenses? 
5. Follow the on-screen instructions to complete your Schedule C.

For additional information on being self-employed, please see Am I considered self-employed?.

[yogi449]

I had the same question and someone in the community was kind enough to provide this link.  

https://turbotax.intuit.com/tax-tips/self-employment-taxes/a-tax-filing-factsheet-for-ebay-sellers/L...

[JohnW152]

Yogi449 is right, and the link he provided is on-point. 

If your sales are the online equivalent of an occasional garage or yard sale, you generally don't need to report income from those sales.

This applies when you originally bought these items for more money than you've sold them for.  When this is the case, you don't need to report the income received from your sale on eBay or elsewhere.

Please see the TurboTax blog A Tax Filing Factsheet for eBay Sellers and the Help article Do I have to report personal items that I sold? for more information.