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re: The IRS is coming for your Venmo income

Posted on 6/8/22 at 4:47 pm to
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 6/8/22 at 4:47 pm to
quote:

It's already been taxed, often twice. I buy an item that was taxed for both parties. Then I resell it for less money and it's taxed both ways again


Posted by beauchristopher
new orleans
Member since Jan 2008
66575 posts
Posted on 6/8/22 at 5:37 pm to
Care to actually provide some commentary other than ?

If I sell used items in person there is no taxing happening. I sell the same items online then I pay taxes and the buyer does as well. Is this not true?
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