What happened to those dreaded 1099 forms we were going to receive from Paypal?

Yes, the IRS delayed the $600 reporting threshold until the 2023 tax year, which means if you sell over $600 this year through ebay, paypal, ect., you will get a 1099-K form to mess with on your taxes.  I had received an email from Ebay that I had sold over $600 and that they needed my full SS#.  But my sales were only $540.  So, I spoke with a person at Ebay and they told me that the IRS considers the shipping charges to be part of my sales total.  Well, I have to purchase the shipping, so I don't actually have that money for more than a day or two.

Most of my casual sales have been of old items I have around the house, like a film camera I bought in 1981 and an AVR I got in 2016.  I don't see why a person who only occasionally engages in such casual sales should have to mess with this on his or her tax return.

Now, I wrote to my  US House member and both of my US senators about this issue.  I suggested that they revisit this and possibly come up with a compromise threshold of $10,000.  Prior to the change, the threshold was $20,000.  I'm hoping they will adjust this threshold with a rider to some legislation they pass this year.

skypunk, errolflynn jerry must not be hitting it off great with his wife if he has to constantly reach out to me. What an obsession he has with another man. Should I tell him I'm not interested in him that way?  

Does he do lines of nitroglycerin between posts to keep him going? Ease up dude: you've already had one major event. What he needs to do is calm down, ring the nurse his wife to change out his bedpan come cook the fish he caught while in Jamaica and maybe he'll feel better. And, what's with all the old man projection that he's doing? He needs to age gracefully.

All the best,
Nonoise

I sold well under $2000 on PayPal this past year. I found there was a 1099 under my PayPal account. They did not mail it out to me. It is on the PayPal page account.

@rbertalotto That is what I was afraid of, i.e., that some of these companies were going to issue a 1099K even if they were not required to because they are so eager to please the government.  I half way expected to receive one from Ebay for my sales being just over $600, but I just checked my account and it says that I did not receive a 1099K for 2022.