https://www.ecommercebytes.com/tag/1099k/ Ecommerce Industry News Wed, 11 Jan 2023 22:18:57 +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 https://www.ecommercebytes.com/tag/1099k/ 32 32 https://www.ecommercebytes.com/2023/01/11/ebay-ceo-calls-1099k-threshold-delay-welcome-news-for-enthusiasts/ https://www.ecommercebytes.com/2023/01/11/ebay-ceo-calls-1099k-threshold-delay-welcome-news-for-enthusiasts/#comments Wed, 11 Jan 2023 22:18:56 +0000 https://www.ecommercebytes.com/?p=228698 eBay CEO Jamie Iannone said in a post on Wednesday that the IRS’s decision to delay the new, lower $600 tax-reporting threshold for a year was “welcome news,” saying it would translate into reduced tax overreporting and fewer unnecessary tax Read more]]> https://www.ecommercebytes.com/2023/01/11/ebay-ceo-calls-1099k-threshold-delay-welcome-news-for-enthusiasts/feed/ 1 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 https://www.ecommercebytes.com/2020/03/17/seller-says-check-your-paypal-1099ks/ https://www.ecommercebytes.com/2020/03/17/seller-says-check-your-paypal-1099ks/#comments Wed, 18 Mar 2020 01:29:23 +0000 https://www.ecommercebytes.com/?p=15687 Mistakes happen, but when they are made on tax reports filed with the IRS, it’s important that they are corrected to ensure you don’t overpay or potentially lead to an audit. A reader told us that when PayPal issued him Read more]]> https://www.ecommercebytes.com/2020/03/17/seller-says-check-your-paypal-1099ks/feed/ 12 https://www.ecommercebytes.com/2019/02/12/sellers-concerned-over-etsy-1099k-tax-form-discrepancies/ https://www.ecommercebytes.com/2019/02/12/sellers-concerned-over-etsy-1099k-tax-form-discrepancies/#comments Wed, 13 Feb 2019 04:13:21 +0000 http://www.ecommercebytes.com/?p=13089 Sellers are reporting discrepancies on Form 1099K tax forms received from Etsy, and since Etsy also sends the form to the IRS, sellers are asking whether it could flag an audit since it over-reports their gross sales income. There are Read more]]> https://www.ecommercebytes.com/2019/02/12/sellers-concerned-over-etsy-1099k-tax-form-discrepancies/feed/ 1 https://www.ecommercebytes.com/2018/02/08/paypal-advises-etsy-sellers-dupe-1099k-tax-forms/ Thu, 08 Feb 2018 15:26:39 +0000 http://www.ecommercebytes.com/?p=8827 PayPal provided us with some clarification on the duplicate 1099Ks some Etsy sellers received this month. PayPal and other payment providers are required to send Form 1099K to sellers and to the IRS showing the amount they processed on the Read more]]> https://www.ecommercebytes.com/2018/02/07/tax-season-sellers-complicated-new-wrinkles/ https://www.ecommercebytes.com/2018/02/07/tax-season-sellers-complicated-new-wrinkles/#comments Wed, 07 Feb 2018 21:47:14 +0000 http://www.ecommercebytes.com/?p=8812 Online sellers are being swept up in new confusion this year over Form 1099K as they prepare to file their income tax with the IRS and their state departments of revenue. New laws targeting income tax evaders are impacting small Read more]]> https://www.ecommercebytes.com/2018/02/07/tax-season-sellers-complicated-new-wrinkles/feed/ 1 https://www.ecommercebytes.com/2014/02/04/irs-form-1099ks-dont-match-online-sellers-records/ Tue, 04 Feb 2014 19:30:04 +0000 http://www.ecommercebytes.com/?p=6824 Read more]]>