If you sell products on Etsy, eBay, PayPal, or even Facebook Marketplace you will need to get familiar with the new tax laws. Prior to January of 2022, you likely wouldn’t be aware of Form 1099-K unless you profited over $20,000 from online sales or had more than 200 transactions. Form 1099-K is the document that taxpayers receive for reporting income from payment cards and third-party network transactions. Generally, if you reach the reportable income threshold the online se