If you have sold at least 30 items or earned roughly £1,700 (equivalent to €2,000) using platforms such as eBay or Vinted, or provided a paid-for service such as a holiday rental through Airbnb ...

Good news for eBay and Etsy sellers: The Internal Revenue Service is delaying a tax-reporting rule that would have required some sellers to receive a 1099-K form.

As part of the American Rescue Plan, third-party e-commerce platforms like eBay, Poshmark, Mercari, Depop, and Tradesy will now have to issue a 1099-K tax form to anyone with a total revenue of ...

That means people who receive more than $5,000 in payments via PayPal and other apps in 2024 would receive the 1099-K tax form in early 2025 to complete their 2024 tax returns.

TaxWatch New tax rule affecting eBay, Venmo and Etsy could cause ‘significant confusion,’ accountants group says A group of e-commerce companies and pay platforms have already been voicing ...

That could be from selling products on StubHub, Etsy, eBay, etc., or services on sites like Airbnb. ... $2,500 for 2025 (reported on next year's tax forms), and $600 for 2026.

A group of companies including Etsy, eBay and PayPal are lobbying against new tax rules. The rules could result in millions more people receiving tax forms — even if they don't owe taxes.

Online shopping sites like Etsy, and eBay, and payment network PayPal, among other companies want Congress to change the new $600 reporting threshold for IRS Form 1099-K.The rule, which won't ...

Reprieve for eBay and Etsy users comes after attempts to change law fall short. ... platform sellers and the IRS won’t receive a blizzard of 1099-K tax forms early in 2023 for their 2022 sales.

Tax Day is approaching, and soon it will be time to begin assembling forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm you. Some ...

At present, anyone making an additional £1,000 in a tax year has to deal with the intricacies of a self-assessment tax form. However, there are discussions about raising this limit to £3,000 ...