eBay 1099-K Issue is Resolved! Trump's BBB helps the "little guy".

[1srelluc]

I just got this on a eBay alert.

We are happy to report that, thanks to your (members) efforts, Congress has restored the original 1099-K reporting threshold of $20,000 and 200 transactions. This change will prevent millions of Americans who are selling used, personal items from receiving unnecessary and confusing tax forms.

This change wouldn’t have been possible without the voice of the eBay Main Street community. Thank you for speaking up and making your voice heard!

Sincerely,

The eBay Government Relations Team

I found out a bit more here.

One Big Beautiful Bill Act changes 1099 thresholds — Avalara

The One Big Beautiful Bill Act of 2025 changes reporting thresholds for Form 1099-K, Form 1099-MISC, and Form 1099-NEC.

www.avalara.com

This is big deal for the smaller sellers.

Just goes to show how Trump's BBB helped out the "little guy".

 

[1srelluc]

I know this is not much of a much to most people but I figure it will save me getting fussed at my my accountant since it came about.

LOL....The tax liability was not worth the time he wanted me to spend on it.....Much less his time given they charge by the hour.