Hey there, was hoping someone could give me some clarification about the proper way to handle my situation. Started selling last year on Ebay, sold 15 items total just over 5k, and received a 1099k. These were all personal items I purchased years and years ago and were sold mostly at a loss. The 5 items that I did profit…
Hi, I sold my tickets last minute on Ticketmaster this year but it resulted in a loss. I understand I need to report the loss when I file my taxes, but I am unsure of how to handle this. How do I report this information?
I am a mystery shopper where I pay my own money for something on Amazon, evaluate the item and review it, then I am reimbursed for my purchase via paypal (exact same amount I paid for item so totals out to $0). However, I received a 1099 K form from paypal. It turns out that when the funds were sent, it was issued as Goods…
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