TaxGuyBill
Level 15

@sjrcpa wrote:

I don't do any of this kind of selling, so don't know how it works, but the 1099-K rules say it is for business transactions. So, in theory, there is a way to tell the payor you're selling your personal stuff?


 

Others have told me that at least one of the companies (Venmo?), it starts off as personal, and you need to check a box if it is for selling something.