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[quote=Anonymous]While using an online tool for filing tax returns, I am seeing for the first time a mention of 1099-K and it is related to selling personal items. I sometimes sell used items on FB marketplace - example a kids used bike for $20 since the kid has outgrown it. I never had to show all that in tax returns before and there were never any gains on sale of used things. Did this exist before or is this new this year? If you sell used items for minimal prices, do you always fill out 1099-K? [/quote]
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