Spousal Selling and 1099

antique_radio
Contributor
Contributor

I have been selling on Ebay for almost 14 years and average $12k per year.  All of this comes from my hobby and crap in my basement.

 

My spouse wants to start selling her cook books she has collected over the past 40 years.

 

She has opened her own Ebay and PayPal account.

 

Do we need to worry about the $20,000 and 200 transaction count as a total of both accounts or is each account separate?

 

The answers here are all over the board.

 

When will PayPal issue the 1099?

 

Thanks

 

 

 

 

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1 REPLY 1

DPCreations
Frequent Advisor
Frequent Advisor

Each account and each SS# is treated as a separate account.

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