General Discussion

Bothering to track what my Grandmother gave for a Monopoly game in 1955 or what I paid for my senior class ring in 1982? What do I do then, use an inflation calculator to decide what my profit from 40 years ago is depending on the buying power of the dollar then versus now? It's asininely oppressive to someone who just needs cash and gas money...$20,000 a year for all of the trouble involved is nothing when you own the items already and you are just selling because you need cash.

Ebay is not the only sales platform that is required to send 1099-K forms. In fact the words "Ebay" are not mentioned in the legislation. It;s just Ebay is mentioned because they are the largest sales platform. In other words, you can't structure sales over another platform and not expect all of them to track their individual sales amounts to you.

Besides, go on your local Facebook marketplace and you;ll see tens of thousands of personal items being sold for literal cash as we speak, and NONE of that it tracked any more than a garage sale is tracked.