1099-K and eBay... a cautionary tale
I finished doing my tax returns early today -- including the 1099-K from ebay.
Then I got an email from ebay...
"A recent technical issue resulted in a 1099-K form being incorrectly provided to you. Please disregard the incorrect 1099-K form. The incorrect 1099-K form was not sent to the IRS or California Franchise Tax Board.
"We’re working to resolve the issue and ensure that it will not happen again. Unless you had more than $20,000 in gross sales and 200 transactions in 2021, we will not submit a 1099-K form to the IRS or the California Franchise Tax Board.
"We sincerely apologize for the error and any inconvenience this may have caused.
"As always, thanks for selling on eBay, and for being part of the eBay community.
The eBay Selling Team"
Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, coin22lover, coinsarefun, jwitten, CommemKing.