Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

EBay, Collectors, Flea Market & Antiques

brer cat

(26,405 posts)

1. That is IRS rule not ebay.

Reply to CountAllVotes (Original post)

Tue Jan 22, 2013, 07:02 PM

Jan 2013

Ebay has to issue a 1099K if you have sales that are paid via credit card companies, and PayPal is considered a credit card processor. It was congressional legislation, so if you want to protest, contact your representative.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

11 replies

= new reply since forum marked as read

Highlight:

eBay question [View all] CountAllVotes Jan 2013 OP

That is IRS rule not ebay. brer cat Jan 2013 #1

when did this start? CountAllVotes Jan 2013 #2

Some time in 2011 I think. brer cat Jan 2013 #3

boy that sucks CountAllVotes Jan 2013 #4

$600 for a year? or per sale? nt grasswire Jan 2013 #5

For a calendar year. brer cat Jan 2013 #6

so that now taxes tag-sale type sellers who wouldn't be reported... grasswire Jan 2013 #8

what PayPal told me CountAllVotes Jan 2013 #7

more info. CountAllVotes Feb 2013 #9

yep I also found this info in many sources... grasswire Feb 2013 #10

I'm wondering about the $600.00 figure CountAllVotes Feb 2013 #11