Does bonanza issue and file a 1099?

Ebay issues a 1099 when a seller has sold $20,000 in merchandise. Does Bonanza issue a 1099 also, and if so, at what dollar amount. Thank you.

asked almost 6 years ago

garem56
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1 Comment

SparklesJewelry says: April 20, 2018

Paypal will issue it….or whoever the payment processor is. Not Bonanza

2 Answers

As far as I know, No, (perhaps someone from Bonz will update with answer)…

It is left up to the payment processor to issue the 1099 (paypal or amazon Payments), as bonanza does not actually have anything to do with your money.

Found in the help [URL removed]

Where can I obtain tax documents as a seller on Bonanza?

Bonanza does not employ sellers and is unable to provide any tax documentation. Sellers can obtain documentation directly from the payment processors they accept payments from (PayPal or Amazon Payments).

selected by Bonanza as the best answer

answered almost 6 years ago

ccmom
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answered over 5 years ago

okanga101
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