Comments on: eBay Turns to YouTube to Share Tax Message https://www.ecommercebytes.com/2022/08/31/ebay-turns-to-youtube-to-share-tax-message/ Ecommerce Industry News Fri, 02 Sep 2022 22:37:35 +0000 hourly 1 https://wordpress.org/?v=6.5.3 By: eBray https://www.ecommercebytes.com/2022/08/31/ebay-turns-to-youtube-to-share-tax-message/#comment-8298 Fri, 02 Sep 2022 22:37:35 +0000 https://www.ecommercebytes.com/?p=228057#comment-8298 Yes, because sellers love wasting time watching videos on YouTube instead of…..you know…..work on their sales?

]]> By: Chester https://www.ecommercebytes.com/2022/08/31/ebay-turns-to-youtube-to-share-tax-message/#comment-8296 Thu, 01 Sep 2022 21:26:06 +0000 https://www.ecommercebytes.com/?p=228057#comment-8296 “This means that the gross amount reported on your 1099-K form may not be the final reportable amount on your tax return.”

This is so NOT a revelation. It has always been that way. Your revenue and payout information is reported on the form. It is up to you to push “adjustments such as credits, discounts, fees, refunds, or any other adjustable amounts” against it to bring it down to your actual income. Always has been.

Well, it has been for those who reported their income. I’m with @GetAGrip. The only people alarmed by the 1099 change are those who were not reporting. Glad they have to pay now. Maybe the IRS will check their prior years’ bank accounts to see what else they owe. I could use the tax break.

]]> By: GetAGrip https://www.ecommercebytes.com/2022/08/31/ebay-turns-to-youtube-to-share-tax-message/#comment-8292 Thu, 01 Sep 2022 10:49:26 +0000 https://www.ecommercebytes.com/?p=228057#comment-8292 Time for everyone to paid their taxes. Tired of supporting them with mine.

]]>