- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Good news eBay sellers: $600 threshold delayed again
Posted on 12/15/23 at 9:06 am
Posted on 12/15/23 at 9:06 am
LINK
quote:
In some excellent news for millions of eBay sellers, the Internal Revenue Service (IRS) announced another delay of the $600 reporting threshold for Form 1099-K. As a result, for tax year 2023, only eBay sellers who exceed the current reporting threshold of $20,000 and 200 transactions, had backup withholding applied in 2023, or are residents of states that have a lower reporting threshold will receive a Form 1099-K. For tax year 2024, the IRS announced plans for a $5,000 reporting threshold. We expect further guidance on the tax year 2024 and beyond in the coming months and will keep you in the loop.
8
Posted on 12/15/23 at 9:09 am to Bill Kapri
AntiqueTiger about to game HAM listing shite
Posted on 12/15/23 at 9:11 am to Bill Kapri
What a shame.
All of you people need to be taxed more
All of you people need to be taxed more
Posted on 12/15/23 at 9:31 am to Bill Kapri
Our Founding Fathers were stacking bodies over .3 cents per pound tax on tea.
And look what we’ve become.
And look what we’ve become.
Posted on 12/15/23 at 9:40 am to Darth_Vader
quote:
Our Founding Fathers were stacking bodies over .3 cents per pound tax on tea.
They stacked bodies because of “taxation without representation”. Brush up.
Posted on 12/15/23 at 9:41 am to Bill Kapri
antiquetiger: stackkked
Posted on 12/15/23 at 9:44 am to Bill Kapri
good thing i only sell items that cost me more to buy originally.
Posted on 12/15/23 at 9:44 am to Bill Kapri
Unless you are fencing or running a high volume business, nothing sold on Ebay is worth more than was paid for it. Is Uncle Sam providing an opportunity to write off a lot of losses if you have more than $600 in sales and can show the cost basis.
Posted on 12/15/23 at 9:46 am to Bill Kapri
Why pay taxes on used items? Taxes have already been collected.
Posted on 12/15/23 at 9:47 am to Bill Kapri
Changes nothing except the trigger point for a 1099.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News