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Did You Sell an Old Desk Online? You May Receive a Tax Form.



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The change is not meant to apply to people who are receiving payments as gifts or as reimbursements from friends after splitting the cost of a restaurant meal, said Erin Collins, the national taxpayer advocate, who heads an agency within the I.R.S. that assists taxpayers. But some people could mistakenly receive forms anyway — say, if they get payments mislabeled as business transactions rather than “friends and family” payments, she said.“The change is going to cause confusion,” Ms. Collins said.Mr. Walters of Blucora said he might be among taxpayers receiving a 1099-K. He likes to attend concerts, he said, but sometimes his plans change. “If I can’t make it to the concert,” he said, he sells the tickets on StubHub, which is among the online marketplaces that have alerted users to the new rules.Here are some questions and answers about the new 1099-K rules:What can I do to prepare for next year’s tax season?If you use payme …

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