(Topic ID: 329317)

2023 tax year update : Good News about ebay&paypal & new IRS reporting rules

By pinwiztom

1 year ago


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  • 18 posts
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  • Latest reply 4 months ago by pinwiztom
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#5 1 year ago
Quoted from Miguel351:

Sadly, for me, I gave up selling on eBay this year due to that new rule because I knew that there'd be no way in hell I'd be able to prove that I'm taking a net loss on those items I wanted to sell. If I had known they were going to postpone it to next year, I would've sold off as much as possible, as fast as possible. There's no telling at this point either if they're going to delay it again next year, or use this first delay as a kind of "warning", or better yet, hopefully ditch it all together. Who am I kidding, they're gonna keep it in. Lately, it seems the government's job is to take as much of our money as possible.

Your last sentence is true, but only because we as voters are too stupid, or apathetic to elect normal people to congress! There are plenty of good folks that run also, they just never get traction, because of the general malaise, of the voting public!

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