|
By Tara Seymour, CPA, Partner
Many U.S. taxpayers may have been surprised recently to receive a Form 1099-K, Payment Card and Third-Party Network Transactions, from eBay or another online marketplace. This article will provide some context as to why you received it and why it may be even more likely to occur in the future. We will also provide guidance on the potential tax consequences for occasional online marketplace sellers.
|
