anything over $600 includes all money transacted electronically, includes postage, taxes, fees, etc.

you will have to fill out itemized form to claim/deduct the cost of item and expenses paid in order to be taxed only on the profit.

Not only ebay, but paypal, venmo, etc will issue 1099K each if over $600 in total transactions.

Was hoping congress would pass bill to increase the amount, the bill hasn't hit the floor yet.