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re: IRS warns taxpayers about new $600 threshold for third-party payment reporting

Posted on 11/26/22 at 10:48 am to
Posted by Oates Mustache
Member since Oct 2011
22848 posts
Posted on 11/26/22 at 10:48 am to
quote:

So I guess now I will pay taxes on stuff that I've already paid taxes on and now resold?


Exactly. Taxing people on shite that's already been taxed.
Posted by Turnblad85
Member since Sep 2022
1927 posts
Posted on 11/26/22 at 10:52 am to
They already charge sales tax. The buyer pays it but I know it reduces the total amount the buyer wants to pay thus reducing my sale price.

So I guess this K-form will be added to my income tax.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10732 posts
Posted on 11/26/22 at 10:54 am to
Democrats are now taxing the equivalent of garage sales so they can hand out more money like Santa Claus to get more votes. Democrats are pathetic.
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