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Takeaways: 1099-K Tax Reporting Rules - Vimarsana News

Takeaways: 1099-K Tax Reporting Rules

Beginning in 2023, anyone selling items through online marketplaces (i.e. eBay, Etsy, Mercari, PayPal, and more) must file an IRS Form 1099-K (for the tax year 2022) if they grossed over $600 in sales for any number of transactions.

Source: iwf.org
Takeaways: 1099-K Tax Reporting Rules - Vimarsana News

Takeaways: 1099-K Tax Reporting Rules

Beginning in 2023, anyone selling items through online marketplaces (i.e. eBay, Etsy, Mercari, PayPal, and more) must file an IRS Form 1099-K (for the tax year 2022) if they grossed over $600 in sales for any number of transactions.

Source: iwf.org