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TnDem

(1,390 posts)
Sat Jul 26, 2025, 08:28 PM Jul 26

Just got an email from Ebay [View all]

It appears that the 1099-K reporting threshold has went back up to $20,000 and 200 transactions again for places like Ebay. It had been tightened to $2500 and then $600, but that is now all out the window.

Now we don't have to be concerned about selling a stash of few Farrah Fawcett posters and GI Joes from when I was 10 years old.

I guess that's one good thing that has happened out of all of this.

https://www.avalara.com/blog/en/north-america/2025/07/one-big-beautiful-bill-act-1099-reporting-threshold.html

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I'm not sure if I agree this is 'a good thing' stopdiggin Jul 26 #1
OK TnDem Jul 26 #2
OK. As I said - arguments ... stopdiggin Jul 26 #6
Uh, no TnDem Jul 26 #7
YOU may be talking about 'small time Ebay seller' - I was fairly specific, in each of my posts, stopdiggin Jul 27 #8
it depends on... TnDem Jul 27 #9
100% agree with you. Taxes disproportionately affecting low income earners need to go. harumph Jul 27 #14
the answer (from here) is, 'Yes'. I do think that income (if it exceeds a certain 'casual' amount) stopdiggin Jul 27 #15
If not taxed, then why report? TnDem Jul 27 #16
the answer is right there stopdiggin Jul 27 #17
So, an "occasional" sale? TnDem Jul 27 #18
if the 'occasional' sale - is netting greater than 20 thousand a year .... stopdiggin Jul 27 #19
Confer your arguements to the billionaires with fleets of lawyers TnDem Jul 27 #20
NO! Because I do not buy into the premise stopdiggin Jul 27 #21
Depends on what the law says to do TnDem Jul 27 #24
Word had it was going to be $600 but so glad it's back to $20k vapor2 Jul 26 #3
I've always thought taxes on used items was bs Polybius Jul 26 #5
Great news Polybius Jul 26 #4
people conflate income reporting with actually paying taxes on that income. uncle ray Jul 27 #10
What other vendors? TnDem Jul 27 #11
that answer is in the link you posted. uncle ray Jul 27 #12
Your opinion of what's reasonable TnDem Jul 27 #13
"Something good"? GenThePerservering Jul 27 #22
True, but TnDem Jul 27 #23
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