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stopdiggin

(14,434 posts)
17. the answer is right there
Sun Jul 27, 2025, 02:57 PM
Jul 27

income, above a certain thresh hold, is supposed to be taxable. Do you disagree with this basic premise? And, yes - reporting is necessary to come to any kind of fair determination of what that tax ought to be. How else? Ebay (as an example) already has these figures readily available and at their finger tips ... So why not .. ?

My term(s) 'casual' and 'common sense' (although maybe not the best wording) were offered to describe things (as offered in previous post) such as an 'occasional' baby sitting job - or maybe the $5-10 dollars you got for turning in your bottles and cans at the recycling center - the 5er somebody handed you when you helped jump their car in the parking lot. On the other hand - if that same teenager is actually a hired nanny/au-pair - and as a result is making some standard (and predictable) wage? - then that is obviously something that should be reported. Same thing with the guy (or girl) that is (routinely) doing your yard - for an agreed upon sum/wage. (and doing the same for others, six days a week) That's reportable income. And should be.

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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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