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<p>[QUOTE=&quot;Mjs1447, post: 8151678, member: 75502&quot;]I just noticed that Ebay posted a banner on my selling page stating that they will hold my payouts until I supply my SSN - nice!! Thats not going to happen so my selling days with them are done. </p><p><br /></p><p>Everyone beware - - if you are issued a 1099K and don’t report it, about a year after you file you will receive a Notice of Tax Adjustment taxing the entire amount of sales on the 1099 without consideration of cost of goods sold, selling expenses, etc. - and then the nightmare begins!!</p><p><br /></p><p>If you get a 1099K, report it AND deduct expenses.[/QUOTE]</p><p><br /></p>

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