i'm sorry. if i am selling something that i bought which i PAID TAX ON, i am ok with that. that is not the same as someone making their living buying things to sell on ebay and the like. please do feel free to pay tax on any and all of YOUR craigslist/FB/ebay sales. |
| If they would bring back the casual encounters section ..... that was great. |
I haven't used Craigslist in years. Did they get rid of casual encounters?? |
| They still have missed connections |
The stupidity is so frustrating. Let’s repeat for you: career employees do not set policy, they implement it. Political officials make those decisions, not rank and file employees who do audits |
As others have said, that's not how taxes work. If you sell your couch that was originally $2000 for $50, that's a loss, no tax. The 1099 rule for ebay is to catch the people that are running a business and actually making profit. |
This is propoganda. The workload in IRS was insane. My BIL worked at the Large businesses and Internationals unit. Each of them works on 5 cases at any giving time, the tax owed on each case is $800 million on average. He worked late everyday, and on the weekend. And there is a huge back log. Now all cases are closed and he is fired. The big corporations and rich don't have to worry about tax anymore. Only the salaried people will have to pay full since AI can handle the easy cases. |
Are you in location where neighbors would buy used furniture? Furniture can be found at the loading dock for free and on the streets as people move out in my neighborhood. I think lot of us figure out that most stuff has no value unless someone needs/wants it right at that moment. I don't want a peace of furniture that would make me feel bad to give it away or trash it. Moving trucks and storage units should be the thing of the past. Going to Craigslist now to look for you piece of furniture. If it's small and fits into my car, I'd gladly get it to get rid of my big one. So, I'll be ready to move the minute cheaper apartment opens up. |
Which is why the $600 is stupid. I sold 2 bags and 3 pairs of shoes from my closet last year, and I would have gotten a form for that limit. Seriously, I have no problem with forcing businesses to pay taxes but imposing this burden on occasional sellers is nuts. |
This. Going forward, the only people who will be paying income tax are people who are having it auto withheld. That is, W-2 employees. That is, regular working class americans. Small business? Large business? Taxes will be voluntary going forward. |
You’re welcome. |
how many total roughly do you know? |
Your last statement is provably false. Career employees decide how to interpret the vague policies which is essentially rulemaking. |
Exactly. Go after the volume sellers on Ebay. Go after the corporate rental outfits like Blackrock. Go after the AirB&B businesses. Don't force the occasional sellers to maintain accounting documents for your pleasure. Jeez. |
| Barter Town will always be king of economics. |