Will I get a 1099-K?
For 2025 and 2026, a payment app or marketplace has to send you a Form 1099-K only if it paid you more than $20,000 and you had more than 200 sales on that platform. A few states set a lower line. Enter what one platform paid you to see whether to expect a form, how far you are from the line, and whether the money is taxable.
Rules verified October 2026Will you get a 1099-K?
General information, not tax advice. This shows whether a platform is required to send a 1099-K, not what you owe. State rules are as we could verify them on official state pages in October 2026, and a platform may send a form you don't expect. Check with the platform, your state or a tax professional.
How the 1099-K threshold works
- Both lines must be crossed. A payment app or marketplace (PayPal, Venmo, eBay, Etsy, Poshmark, Mercari and the like) must file a 1099-K federally only when your gross payments are more than $20,000 and you had more than 200 transactions. Exactly $20,000 or exactly 200 sales doesn't trigger it, so the smallest amounts that do are $20,000.01 and 201 sales.
- Back to $20,000 and 200 for 2025 and 2026. The One Big Beautiful Bill Act reinstated this older rule, retroactively, in place of the lower limits that had been planned ($2,500 for 2025 and $600 for 2026).
- Each platform counts on its own. The amounts aren't added across apps. $15,000 on eBay and $15,000 on PayPal doesn't cross the line on either one.
- A platform can still send one below the line. Some do. And payments made by card through a card processor or merchant account have no threshold at all.
- No form doesn't mean no tax. The IRS says: "All income, no matter the amount, is taxable unless the tax law says it isn't – even if you don't get a Form 1099-K."
- Personal items sold for less than you paid aren't income. If you sell a used personal item for a loss, you owe no tax on it, but the loss isn't deductible. If a 1099-K includes it, you still report the amount and then offset it on Schedule 1. Gains on personal items are taxable.
- Resale is a business. If you buy to resell, your profit is business income on Schedule C, with or without a 1099-K.
- Some states are lower. The table below lists the states with their own rule that we could verify on official pages. It applies if you have an address in that state.
States with a lower threshold
These apply to sellers with an address in the state, on top of the federal rule.
| State | 2025 | 2026 | Do you get a copy? |
|---|---|---|---|
| Massachusetts | $600 or more, with no minimum number of sales | $600 or more, with no minimum number of sales | The platform files it with Massachusetts and sends you a copy. |
| Illinois | More than $1,000 and 4 or more sales | More than $1,000 and 4 or more sales | Platforms must file these with Illinois. You may or may not get a copy. |
| Virginia | $600 or more, with no minimum number of sales | Likely $2,000 or more (not yet confirmed by Virginia) | The platform files it with Virginia and sends you a copy. |
| Maryland | $600 or more, with no minimum number of sales | Likely $2,000 or more (not yet confirmed by Maryland) | The platform reports it to the Maryland Comptroller and to you. |
| Vermont | $2,000 or more (Vermont's page says $2,000; check with Vermont if you're between $600 and $2,000) | $2,000 or more (Vermont's page says $2,000; check with Vermont if you're between $600 and $2,000) | Not stated on the state's page. |
A few states have their own rules; if yours isn't listed, the federal test applies as far as we could verify on official state pages (October 2026). New Jersey, Arkansas, Montana, Washington DC, Rhode Island and Mississippi aren't listed because we couldn't confirm a current lower rule on their official pages.
Worked example
Example. A seller got $4,500 from an app in 120 sales. That's $15,500.01 short of $20,000.01 and 81 sales short of 201, so no 1099-K is expected. Another seller got $25,000 in 150 sales. The amount is over $20,000, but 150 sales isn't more than 200, so there's no federal form either.
A Massachusetts seller with $750 in just 3 sales gets no federal form, but Massachusetts's rule is $600 or more, with no minimum number of sales, so a 1099-K is expected. That income is taxable either way.
Frequently asked questions
Tap a question to open the answer.
What changed from the $600 threshold?
For 2025 and 2026 the federal rule for payment apps and marketplaces is back to more than $20,000 and more than 200 transactions. The lower limits that had been planned ($2,500 for 2025, then $600 for 2026) were replaced when the One Big Beautiful Bill Act reinstated the older rule retroactively. Some states still use $600.
Does each app or platform count separately?
Yes. A 1099-K is filed by each platform for what it paid you, and the amounts aren't combined. You could get one from PayPal and none from eBay. Your taxes don't work that way: you report all your income from every source.
I got a 1099-K for personal items I sold. Do I owe tax?
Not if you sold used personal items for less than you paid. That isn't taxable income, but the loss isn't deductible either. Report the 1099-K amount on your return and offset it with an entry on Schedule 1 so the net is zero. If you sold something for more than you paid, the gain is taxable.
Do Massachusetts, Virginia and Maryland have lower thresholds?
Yes. Massachusetts: $600 or more, no minimum number of sales. Virginia and Maryland: $600 for 2025, and for 2026 likely $2,000 because their laws follow the federal 1099-MISC threshold, but neither has confirmed it. Illinois (more than $1,000 and 4 or more sales) and Vermont ($2,000, per its tax department) have their own rules too.
Do card payments have a threshold?
No. Payments by card through a card processor or merchant account are reported from the first dollar. The $20,000 and 200 rule is for payment apps and marketplaces, which the IRS calls third party settlement organizations.
What if I don't get a 1099-K?
You still owe tax on your income. If you sell to make a profit, report it on Schedule C even with no form, and pay self-employment tax and estimated tax on it.
Is exactly $20,000 over the threshold?
No. The rule needs more than $20,000 and more than 200 transactions, so exactly $20,000 or exactly 200 sales doesn't trigger a form.
More calculators
Sources
IRS and state tax agency pages behind these rules, checked October 2026:
- https://www.irs.gov/newsroom/irs-issues-faqs-on-form-1099-k-threshold-under-the-one-big-beautiful-bill-dollar-limit-reverts-to-20000
- https://www.irs.gov/instructions/i1099k
- https://www.irs.gov/newsroom/form-1099-k-faqs-general-information
- https://www.irs.gov/newsroom/form-1099-k-faqs-what-to-do-if-you-receive-a-form-1099-k
- https://www.mass.gov/info-details/form-1099-filing-requirements
- https://tax.illinois.gov/research/publications/pubs/filing-and-storage-requirements-for-employers-and-payers.html
- https://law.lis.virginia.gov/vacode/title58.1/chapter3/section58.1-356/
- https://www.tax.virginia.gov/withholding-tax
- https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtg§ion=10-825&enactments=false
- https://tax.vermont.gov/business-and-corp/withholding-tax/1099-k