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Old 07-17-2017
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Default One payment, but buyer purchased multiple items....

I'm new here, but hoping someone can answer this question.

If a buyer purchases 10 items from me on eBay and completes the transaction in ONE PayPal payment, will this count against me as 10 items (IRS reporting 200 items) or just one because it was completed in a single transaction?

Thanks!
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Old 07-18-2017
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Default Re: One payment, but buyer purchased multiple items....

20K and 200 transactions. Not 200 items.

So, no.
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Old 07-19-2017
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Default Re: One payment, but buyer purchased multiple items....

Thank you! So even though ten items were purchased, the payment was completed in one transaction and therefore counts as one?
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Old 07-19-2017
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Default Re: One payment, but buyer purchased multiple items....

Correct, 200 transactions. This was 1 transaction, the way you describe it. AND 20K. BOTH.
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