Sellers based in the US may receive a Form 1099-K when they meet certain sales thresholds set by the Internal Revenue Service (IRS). If you are not a “US person” as defined by the IRS (generally, a citizen or resident of the United States), or do not meet the threshold set forth below, you may not receive a Form 1099-K.
You may be eligible to receive a Form 1099-K by January 31, 2024 if your total gross sales for the 2023 calendar year exceed $600. Please see IRS.gov for more details regarding Form 1099-K.
GOAT does not provide tax, legal or accounting advice. This material has been prepared for informational purposes only and should not be relied upon for tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before acting on the information set forth herein.