I have a regular full-time job. In August last year, I started selling a bunch of personal items (video games, DVDs, CDs, and books) that I no longer use or need. I did not meet the 2024 reporting threshold, so I did not receive a 1099-K. I understand that income from items sold at a loss is not taxable. I entered sales at…
Hello FreeTax Community, Like others, I too have received a 1099-K from eBay this year, whereas in previous years I have not. I am not a person who uses eBay as my business but one who sells items here and there throughout the year. The previous year was abnormally strong for sales so I breached the $5,000 limit that…
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