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- - Ebay 1099-K (https://www.aspkin.com/forums/ebay-discussion/152270-ebay-1099-k.html)

aly	04-29-2024 03:48 PM

Ebay 1099-K

Hi forum,

This year you receive the 1099-K after selling more than $600 or $5000 in gross sales on eBay USA account?

For sell products high risk do all eBays from different countries have the same rules or does each country have different rules?

Thank You for your :help:

aly	04-29-2024 04:02 PM

Re: Ebay 1099-K

Quote:

Originally Posted by agent006140 (Post 1240651)

1099K is for US only.
Other countries will have their own tax law and reporting requirement

What is the threshold for 1099-K in 2024 for USA?

murdered_by_ebay

04-29-2024 04:19 PM

Re: Ebay 1099-K

the rules for high risk are the same but they are applied differently depending on country of registration , safe countries are only large western countries , all others get suspended easier , especially third world countries

SaiJin

04-29-2024 08:14 PM

Re: Ebay 1099-K

Quote:

Originally Posted by aly (Post 1240650)

Pretty sure it's still $5k this year.

Each country has a different rule

rsot	04-30-2024 08:15 AM

Re: Ebay 1099-K

Quote:

Originally Posted by agent006140 (Post 1240685)

US Treasury just said this year tax revenue fall short of expectation,so it needs to borrow more money/

always borrowing and deficit rises - great plan :pound:

yobar

04-30-2024 08:25 AM

Re: Ebay 1099-K

Quote:

Originally Posted by murdered_by_ebay (Post 1240654)

In general I see that American accounts are suspended more when it comes to high value payments, with respect to third world accounts I think it has many positive things, at least the use of payoneer as a payment method

mark2be

04-30-2024 10:21 AM

Re: Ebay 1099-K

Quote:

Originally Posted by agent006140 (Post 1240666)

for 2024 ,it is $5000/
Eventually it will be $600

It will never be 600 1099 lol they tried allready 🤣😂to many 1099’s

SaiJin

04-30-2024 10:49 AM

Re: Ebay 1099-K

Quote:

Originally Posted by yobar (Post 1240724)

THe cons I see from 3rd world countries is the trust factor.
So eBay I will be strict with those accounts

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