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Watto's Junk Yard / Re: Everything eBay! Scams, questions, etc...
« on: November 13, 2021, 03:48 PM »
The tax laws changed this year, lowering the 1099 threshold significantly. If you saved shipping and shipping material receipts you can defray that bit of your "earnings" through tax write-offs. It's a big part of why I do my listings as free shipping for the customer, to have that included as a part of the sales number at the end of year.
It stinks that to sell on eBay now you will have to consider it business these days. And the change to eBay payments wasn't the issue, because PayPal now observes the lower threshold too for any payments that aren't "friends and family" there.
It stinks that to sell on eBay now you will have to consider it business these days. And the change to eBay payments wasn't the issue, because PayPal now observes the lower threshold too for any payments that aren't "friends and family" there.