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Small business & company tax · Nov 9, 2026

Shop Houzz Closed: How Former Sellers Report 2026 Income, 1099-K, Unpaid Payouts and Leftover Inventory

Shop Houzz stopped taking orders on May 7, 2026, closed on May 22, and scheduled final vendor payouts for June 30. January–May sales are still 2026 income, 1099-K or not. Unpaid payouts can be a §166 bad debt for accrual-basis sellers but not cash-basis sellers, and leftover inventory stays at cost.

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