1099-K thresholds Archives - EcommerceBytes https://www.ecommercebytes.com/tag/1099-k-thresholds/ Ecommerce Industry News Fri, 30 Dec 2022 15:16:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://www.ecommercebytes.com/wp-content/uploads/2017/06/EB_site_icon-150x150.gif 1099-K thresholds Archives - EcommerceBytes https://www.ecommercebytes.com/tag/1099-k-thresholds/ 32 32 eBay to Provide Sellers with a Guide to 1099K Tax Reports https://www.ecommercebytes.com/2022/12/30/ebay-to-provide-sellers-with-a-guide-to-1099k-tax-reports/ Fri, 30 Dec 2022 15:14:53 +0000 https://www.ecommercebytes.com/?p=228642 eBay promised on Thursday to provide sellers with a guide to the reports they’ll need to file their taxes for the 2022 tax year. eBay will make the guide available in January and said it would explain to sellers where Read more]]> Congress Has 43 Days and Counting to Protect Sellers from ‘Tax Burden’ https://www.ecommercebytes.com/2022/11/18/congress-has-43-days-and-counting-to-protect-sellers-from-tax-burden/ https://www.ecommercebytes.com/2022/11/18/congress-has-43-days-and-counting-to-protect-sellers-from-tax-burden/#comments Fri, 18 Nov 2022 17:21:34 +0000 https://www.ecommercebytes.com/?p=228427 Congress has 43 days to act to protect casual online sellers and microbusinesses from “unfair tax and privacy burdens,” according to a coalition of online marketplaces. The countdown clock appears on 1099kfairness.org, the website of lobbying group Coalition for 1099-K Read more]]> https://www.ecommercebytes.com/2022/11/18/congress-has-43-days-and-counting-to-protect-sellers-from-tax-burden/feed/ 6 A 1099-K Notification from PayPal Alerts Seller to Unanticipated Problem https://www.ecommercebytes.com/2022/09/21/a-1099-k-notification-from-paypal-alerts-seller-to-unanticipated-problem/ https://www.ecommercebytes.com/2022/09/21/a-1099-k-notification-from-paypal-alerts-seller-to-unanticipated-problem/#comments Wed, 21 Sep 2022 19:45:00 +0000 https://www.ecommercebytes.com/?p=228137 In what seemed like a routine email titled, “View updates to your PayPal account,” PayPal informed an online seller he had passed the threshold for reporting payments to the IRS, notifying him that according to its records, he had received Read more]]> https://www.ecommercebytes.com/2022/09/21/a-1099-k-notification-from-paypal-alerts-seller-to-unanticipated-problem/feed/ 4 eBay Says Tax Reporting Rules Complicate Selling Your Old Bike https://www.ecommercebytes.com/2022/05/17/ebay-says-tax-reporting-rules-complicate-selling-your-old-bike/ https://www.ecommercebytes.com/2022/05/17/ebay-says-tax-reporting-rules-complicate-selling-your-old-bike/#comments Tue, 17 May 2022 23:31:00 +0000 https://www.ecommercebytes.com/?p=227577 eBay is rallying the troops to try and change 1099-K tax reporting rules, issuing a message to its community of sellers this week. eBay used an example of someone selling a personal item on its marketplace to bolster its argument: Read more]]> https://www.ecommercebytes.com/2022/05/17/ebay-says-tax-reporting-rules-complicate-selling-your-old-bike/feed/ 9 eBay, Etsy, Mercari, Poshmark Found Coalition for 1099-K Fairness https://www.ecommercebytes.com/2022/04/27/ebay-etsy-mercari-poshmark-found-coalition-for-1099-k-fairness/ https://www.ecommercebytes.com/2022/04/27/ebay-etsy-mercari-poshmark-found-coalition-for-1099-k-fairness/#comments Wed, 27 Apr 2022 19:53:16 +0000 https://www.ecommercebytes.com/?p=227478 eBay announced today it had joined the Coalition for 1099-K Fairness – though a visit to the website reveals eBay cofounded the group along with Etsy, Mercari, OfferUp, Poshmark, Reverb (owned by Etsy), and Tradesy (owned by Vestiaire Collective). Noticeably Read more]]> https://www.ecommercebytes.com/2022/04/27/ebay-etsy-mercari-poshmark-found-coalition-for-1099-k-fairness/feed/ 8 Walmart Shares Details on 1099-K Thresholds by State https://www.ecommercebytes.com/2022/02/03/walmart-shares-details-on-1099-k-thresholds-by-state/ https://www.ecommercebytes.com/2022/02/03/walmart-shares-details-on-1099-k-thresholds-by-state/#comments Fri, 04 Feb 2022 02:15:17 +0000 https://www.ecommercebytes.com/?p=227057 Sellers have a lot on their plates already, so the IRS Form 1099-K is one more tax-related headache with which they must deal. In addition to the Federal requirement, some states have initiated their own rules for payment processors about Read more]]> https://www.ecommercebytes.com/2022/02/03/walmart-shares-details-on-1099-k-thresholds-by-state/feed/ 1