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…
Hello all, First, thank you for your help in advance. My wife received multiple stipends from The Early Learning Coalition for attending and passing classes related to her job as a Teacher. She is NOT self-employed and received a 1099-NEC. The instructions that apply to her on this NEC states as follows: "If you are not an…
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