Do ebay consignment sellers like PWCC, Probstein, Greg Morris, etc. issue 1099's?
backbidder
Posts: 234 ✭✭✭
Thanks in advance.
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No for PWCC, at least when I used them 2 years ago. They just sent a PayPal payment and advised to review with my tax advisor if I had any concerns.
They'll likely have to for next year's sales under the new tax law.
Do Paypal payments sent by consignment sellers count towards the (current) $20,000 limit?
It shouldn't as long as it is a Family& Friends payment
Not every state is 20K.
A bunch are $600.
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Illinois is $1,000.
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Any one know if Greg Morris Cards sends 1099s?
Always looking for Mantle cards such as Stahl Meyer, 1954 Dan Dee, 1959 Bazooka, 1960 Post, 1952 Star Cal Decal, 1952 Tip Top Bread Labels, 1953-54 Briggs Meat, and other Topps, Bowman, and oddball Mantles.