Hey there this is randy dre maker and today we're talking about the 1099 requirement if you sell online going into 2024 and if you want to know how that came about you could just say let's go brandon or let's go congress you're gonna gonna head and click on makari open up your makari app for this video's sake anyway on ebay and other marketplaces you'll have a different way of doing this and they'll have different information but it will all be the same ultimately here on makari you'll want to click on tax center once you're in settings so open up your mercari app click on settings then click on tax center it's going to come up with this 1099 k new information if you're not familiar with it it's going to kind of explain what's going on here i'm not going to go into all the details about what used to be the case because i've already done that and only 259 people watch that video so i'm not going to repeat myself but going forward starting on january 1st 2024 if you gross more than 600 dollars in sales doesn't matter the quantity in a year uh on the marketplace like macari or ebay or poshmark or any other marketplace that is part of the marketplace facilitators you must prtax reporting information connected to your w-9 taxpayer identification i already have a w9 i have to have a w9 like uh here on youtube because uh where i'm actually starting this video off it'll probably end up on my utrean channel too but w9 is just a standard tax form you have to have a social security number going forward to sell on any of these marketplaces and it has to match all your other...
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