Office of Steam Forum for Model & Toy Steam Gas & Hot Air Engines
The Regular Stuff: Chat, Buy, Sell, Off Topic, etc. => General Discussion - Model & Toy Steam Engines – Stirling Cycle – Flame Lickers – Small Antique Originals => Topic started by: Maxwell on December 24, 2022, 08:34:59 am
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I'm curious - Red, White, and Blue.
What if the sale is in December but pay pal does
not give you the money until January? Hmmmm.
I know we can sell on this site but can we do some
sort of an auction? Just thinking out loud.
Wayne
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Thanks for the heads up. So we have a one year reprieve to dump stuff on Ebay.
Hi Larry, I'm not certain there is a 1 year reprieve here.
Could it be just a reprieve for the last week of this year?
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Read the linked article!
The so-called reprieve was for income for THIS year (2022) which is just about over. The law hasn't changed and somehow they just couldn't find the time to increase the $600 threshold so next year you will pay!
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Thanks for the heads up. So we have a one year reprieve to dump stuff on Ebay.
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Personally I'm glad for the change since I've gone ahead and been slowly selling train and steam items. Got to admit I wasn't looking forward to the tax consequences.
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I know Bruce! What can we say? They are experimenting and figured out that what they are planning to do would kill the e-commerce and negatively impact the middle class lives.
since when have they cared about that?
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I know Bruce! What can we say? They are experimenting and figured out that what they are planning to do would kill the e-commerce and negatively impact the middle class lives.
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they're timing is suspect, right before Christmas. I have not sold a thing on Ebay for quite a while because of this tax.
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https://www.marketwatch.com/story/irs-pauses-rule-requiring-people-to-report-paypal-venmo-transactions-over-600-heres-what-went-wrong-11671825162?siteid=yhoof2