Received a 1099-K from Venmo, eBay, or PayPal? Here Is What It Means
Many Port Washington residents are receiving a Form 1099-K for the first time due to online sales or payments through platforms such as eBay, Venmo, PayPal, Etsy, or Facebook Marketplace. Even small transactions, hobby sales, or one-time payments can trigger a 1099-K, and the amount reported may need to be included on your tax return. […]