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  2. PayPal, eBay hassling customers to report sales amid IRS ...

    www.aol.com/finance/ticketmaster-paypal-ebay...

    Losses go on a 1099-K and gains go on a 1040, the IRS says. Ebay confirmed to The Hill that it has “taken steps to comply with the new IRS 1099-K reporting requirements, including collecting ...

  3. eBay, Mercari, Etsy and Others Are Fighting IRS’ New $600 ...

    www.aol.com/finance/ebay-mercari-etsy-others...

    As if taxes weren't complicated enough this year, small business owners and independent contractors now definitively have to report income made via PayPal, Venmo, and a host of other e-commerce ...

  4. Do you make money on eBay or Etsy? The IRS wants to ... - AOL

    www.aol.com/news/money-ebay-etsy-irs-wants...

    The tax agency may want a cut from sellers who make over $600 next year.

  5. Form 1099 - Wikipedia

    en.wikipedia.org/wiki/Form_1099

    As of 2015, several versions of Form 1099 are used, depending on the nature of the income transaction. One notable use of Form 1099 is to report amounts paid by a business (including nonprofits) to a non-corporate US resident independent contractor for services (in IRS terminology, such payments are nonemployee compensation). The ubiquity of ...

  6. eBay (EBAY) to Report Q3 Earnings: What's in the Offing? - AOL

    www.aol.com/news/ebay-ebay-report-q3-earnings...

    eBay's (EBAY) third-quarter 2021 results are likely to reflect strong momentum across the Marketplace platform, Promoted Listings and Managed payments.

  7. Virtual currency law in the United States - Wikipedia

    en.wikipedia.org/wiki/Virtual_currency_law_in...

    Similar to receiving cash, merchants may not report the earnings to the IRS if the merchant believes the IRS will not be able to account for the transaction. The IRS may be able to audit a VC exchange the merchant uses, but if the merchant is using a personal VC account or using multiple exchanges the IRS may not be able to track these ...

  8. Can eBay Continue to Climb When It Reports Earnings? - AOL

    www.aol.com/news/ebay-continue-climb-reports...

    The e-commerce pioneer has been on fire so far in 2019, but it has a lot to prove.

  9. Taxation of illegal income in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_of_illegal_income...

    Taxation of illegal income in the United States arises from the provisions of the Internal Revenue Code, enacted by the U.S. Congress in part for the purpose of taxing net income. [1] As such, a person's taxable income will generally be subject to the same federal income tax rules, regardless of whether the income was obtained legally or illegally.