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-   US Managed Payments (https://www.aspkin.com/forums/us-managed-payments/)
-   -   1099 Managed Payments (https://www.aspkin.com/forums/us-managed-payments/139232-1099-managed-payments.html)

KevinKR500 09-30-2020 02:10 PM

1099 Managed Payments
 
Ebay is getting ready switch me to the Managed Payments and i was wondering if it will be like paypal 200 sales and 20,000K before you get a 1099
Is ebay Managed Payments same as paypal for a 1099?

slokor 09-30-2020 02:29 PM

Re: 1099 Managed Payments
 
No way to know for sure since its a brand new system and nobody ahs the experience with it yet.
We can only assume that the IRS regulations would apply to them same as they do for paypal.

nodeal 10-03-2020 07:44 AM

Re: 1099 Managed Payments
 
From my experience last year I sold over 200 items but under 20k (around 16-17k) and two MP accounts and no 1099 was issued.

So it seems like in order for a 1099 to be issued you need to hit both 200 and 20k.


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