I'm a completely newbie at all this, this is the first time I've ever gotten something like 1099-K. I'm a student only working during the summer, so my job's earnings still allow me to continue to file the 1040EZ for federal taxes these past years. I am not running a small business, I mainly use PayPal to pay friends back, have them pay me back, and occasionally sell used items, I use paypal for everything, so about ~$1000. My question is, do I have to do anything/report any numbers from the 1099-K onto my 1040EZ gross income amount? Technically the ~$1000 isn't income at all, so I'm confused as to where these numbers go via federal tax returns, and if it really counts as income at all. I'm really confused as to what I even do with my form, and what else I have to do with this form. Thanks in advance.
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