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Does E-Bay Issue a 1099 at the End of The Year?
I am curious, If a person sells some items on e-bay, will they issue a 1099 for those items sold?
Thank you for any and all responses.
Merry Christmas and have a Happy New Year.
5 Answers
- troLv 74 years agoFavorite Answer
if you are paid thru eBay and have made the required number of sales, a 1099 K is issued to you
- Anonymous4 years ago
The 1099-Q is issued by Paypal for handling all the money. There is a threshold, so selling a few items won't trigger it.
Note, if you are selling personal items, you report the ones you sold at a gain on your taxes.
- JudithLv 74 years ago
No because Ebay isn't selling you those items; the sellers are. And Ebay isn't selling your items; you are. Ebay is merely the "store" so-to-speak; not the employer.
YOU are in charge of keeping track of income and expenses.
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- Anonymous4 years ago
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