The IRS is watching

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👀 The IRS is watching: If you sold over $5,000 on sites like eBay, Etsy or StubHub last year, keep an eye out for a 1099-K form in the mail (paywall link). The reporting threshold used to be $20,000. Now, you need to report side hustle earnings over $5,000, even if you don’t get a form from a specific site.

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Tags: eBay, report

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