eBay taxable income asset disposition.

[Justdog]

Is there anyone around that is dealing with their sales being scrutinized now by taxation of sales being considered income?
Recently eBay has notification of SS number registration for taxation of sales over a certain threshold.
Sounds like a pretty big net being cast over small sellers of their own goods they collected, not super sellers.
Chime in with any info.

 

[jeepTj98]

Is there anyone around that is dealing with their sales being scrutinized now by taxation of sales being considered income?
Recently eBay has notification of SS number registration for taxation of sales over a certain threshold.
Sounds like a pretty big net being cast over small sellers of their own goods they collected, not super sellers.
Chime in with any info.

Is there anyone around that is dealing with their sales being scrutinized now by taxation of sales being considered income?
Recently eBay has notification of SS number registration for taxation of sales over a certain threshold.
Sounds like a pretty big net being cast over small sellers of their own goods they collected, not super sellers.
Chime in with any info.

That started several years ago and it really pisses me off!! I bought many jackets and resold them years later. I had to claim that money as income because I didn’t buy and sell them the same year… it’s ridiculous!! However it could have been worse. Elizabeth Warren could have been elected president. She wanted to impose some kind of tax on everything in our homes that what they considered valuable. That’s socialism for ya!