 |
|
||||||
 |
|
|||||
 |
 |
 |
 |
 |
 |
 |
 |
|
|
||||||
|
|
|||||
|
|
|
|
|
|
|
|
|
#4
08-13-2020, 04:39 AM
|
||||
|
||||
Quote:
Sellers in Massachusetts and Vermont Massachusetts and Vermont use a threshold of $600 and don’t use a transaction threshold, so if you reside in one of these states, you’ll receive a Form 1099-K if the gross amount of payments you receive equals or exceeds $600, irrespective of the number of payments you receive. We’ll also report this amount to the Massachusetts or Vermont tax authority as applicable. You should also note that your gross payments won’t be reported to the IRS unless you exceed $20,000 in gross payments and have more than 200 transactions.
__________________
Lonnie Nagel T206 : 225/520 : 43% 
|
| Thread Tools | |
| Display Modes | |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Question on selling through ebay / paypal | paul | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 7 | 02-15-2017 06:17 AM |
| ebay "selling to address" question | Jewish-collector | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 4 | 01-07-2013 09:25 PM |
| OT/ Question about selling on B/S/T | ctownboy | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 20 | 10-31-2012 08:08 PM |
| Selling question | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 32 | 02-05-2009 03:07 PM |
| Question About Selling | Archive | Pre-WWII cards (E, D, M, etc..) B/S/T | 1 | 11-23-2005 05:54 PM |
Threaded Mode