OT: Democrats should be happy, 1099s coming now from eBay

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trader_4

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Jan 8, 2022, 2:32:39 PM (11 days ago) Jan 8
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So part of the urgent Covid relief bill Biden and the Democrats passed in the
spring, is a change to the law covering IRS reporting requirements for Ebay,
Paypal and similar online sales forums. Existing law was that a 1099
was only sent if you had $20K+ in sales AND 200+ transactions.
That was very reasonable. Starting this year, it's if
you have $600 in sales. So hope the Democrats who will be receiving
1099s for selling $600 worth of household items or whatever on eBay
are happy. I can't wait for the blowback on the Dems for this one
when millions of people receive those 1099s and start screaming.
That will be a year from now.

I wondered why I got notification by ebay a few months ago that I had
to provide a taxpayer ID. Googling at the time, looking at Ebay website,
etc only showed the old $20K and 200+ transactions. I happened to be
listening to a radio show where they had on a small business expert
who was explaining how small businesses are being screwed. She
explained the new law. Thank you Democrats. And they said they
were only going to screw billionaires, the rich.

gfre...@aol.com

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Jan 8, 2022, 3:48:40 PM (11 days ago) Jan 8
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Ebay got out of the money business when they sold Paypal. Now you need
to let them EFT and sales proceeds to your bank that also has new
reporting criteria.
The congress is still not doing anything about making billionaires pay
taxes but if you are cleaning out your garage on Ebay, you better have
the original receipt for anything you sell or it is "income" and you
can't write off the difference as a loss.
Bear in mind this is a democrat written bill.

Jim Joyce

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Jan 8, 2022, 11:08:27 PM (11 days ago) Jan 8
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On Sat, 8 Jan 2022 11:32:36 -0800 (PST), trader_4
<tra...@optonline.net> wrote:

>So part of the urgent Covid relief bill Biden and the Democrats passed in the
>spring, is a change to the law covering IRS reporting requirements for Ebay,
>Paypal and similar online sales forums. Existing law was that a 1099
>was only sent if you had $20K+ in sales AND 200+ transactions.
>That was very reasonable. Starting this year, it's if
>you have $600 in sales. So hope the Democrats who will be receiving
>1099s for selling $600 worth of household items or whatever on eBay
>are happy. I can't wait for the blowback on the Dems for this one
>when millions of people receive those 1099s and start screaming.
>That will be a year from now.

I predict there will be close to zero blowback and no screaming. I don't
see this becoming a big deal at all. Relatively few people are likely to
be affected and those who are shouldn't be surprised.

I guess we'll see, though.

gfre...@aol.com

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Jan 9, 2022, 5:05:38 AM (11 days ago) Jan 9
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On Sat, 08 Jan 2022 22:08:22 -0600, Jim Joyce <no...@none.invalid>
wrote:
The people most effected by this new reporting law will be businesses
and banks and it will show up as higher prices and fees. Most people
will just whine about what they have to pay without understanding why.

Frank

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Jan 9, 2022, 10:15:16 AM (11 days ago) Jan 9
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Government regulations can be highly annoying to the little guy that has
not dealt with them before. I recall stories of farmers being upset
when the EPA required them to report emissions of ammonia from their
farm animals. They were confounded in being treated like a chemical
company that was used to this crap. IRS is already the most hated
government agency.

gfre...@aol.com

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Jan 9, 2022, 12:24:31 PM (10 days ago) Jan 9
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I suspect, like a lot of what the IRS does, this will just be a fear
factor thing. They don't have the manpower to run down every 1099 and
see if the "basis" for that used 8 track player you sold on E-bay is
greater than the sale price. They certainly wouldn't want to kick that
off by auditing everyone with a missing 1099 on a schedule 1 or
verifying the basis claim if it was.
I suspect the real threshold will be more like the original $10,000 or
the cost/benefit just won't be there.
Those people probably have an E-bay store and file the right forms
now.

OTOH the guy across the street from me has a garage sale at least once
a month, all cash and probably virtually all profit since most of what
he sells seems to come off the curb. He collects stuff the night
before trash day, shines it up and sells it. People also just give him
things as a sort of recycling thing. I know I give him stuff my wife
wants gone all the time.

trader_4

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Jan 10, 2022, 9:55:54 AM (10 days ago) Jan 10
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So you don't see the average Joe getting upset because suddenly they
are getting a 1099 for selling $600 worth of stuff on Ebay in a year?
And i guess it depends on how you define relatively few. I would think
millions of people will suddenly be getting new1099s.

trader_4

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Jan 10, 2022, 9:57:35 AM (10 days ago) Jan 10
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It doesn't apply to banks and businesses, it does not change their reporting
requirements. It only applies to sales venues like Ebay, PP, that match buyers
and sellers in those kinds of transactions.

trader_4

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Jan 10, 2022, 10:01:18 AM (10 days ago) Jan 10
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The original was $20K, but otherwise I agree. But I see a lot of taxpayers
getting pissed when they get a 1099 for $700 for selling some household
items on Ebay. First reaction will be, wtf? What's this? They will think
they have to pay taxes and a lot of them probably will just include it in
their income and pay it.



> Those people probably have an E-bay store and file the right forms
> now.
>
> OTOH the guy across the street from me has a garage sale at least once
> a month, all cash and probably virtually all profit since most of what
> he sells seems to come off the curb. He collects stuff the night
> before trash day, shines it up and sells it. People also just give him
> things as a sort of recycling thing. I know I give him stuff my wife
> wants gone all the time.

Maybe that will be next, the Dems figuring out how to monitor and
report that low level activity. Then they wonder why people quit working.

Ed Pawlowski

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Jan 10, 2022, 12:37:57 PM (9 days ago) Jan 10
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If a 1099 is issued that creates a lot of problems at tax time. If I
sell you a used TV on eBay and you send me $700 it will be reported.
Does that mean I have reportable income? Now I have to fill out forms
for showing the cost of goods sold, depreciation, anything a business
would have.

OTOH, there is a loophole. If I give you that TV for $700 it is because
you are a friend. It has to be done off the selling web site, of course.

Of course, you can send me $350 today and $350 tomorrow.

The tax reporting change will only apply to payments for goods and
services exchanged, not to family and friends.

Sounds like a nightmare of paperwork for no real gain.

Scott Lurndal

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Jan 10, 2022, 12:47:50 PM (9 days ago) Jan 10
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"No need to worry\u2014 you only pay taxes on profits.
You won\u2019t owe any taxes on something you sell for less
than what you paid for it. For example, if you bought a bike
for $1,000 last year, and then sold it on eBay today for $700,
that $700 you made would generally not be subject to income tax."

I guess I don't understand the fuss. Income is income.

Ed Pawlowski

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Jan 10, 2022, 1:00:43 PM (9 days ago) Jan 10
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But if the IRS knocks on your door they may want some evidence of the
original cost. What if I sell a $900 table that has been in the family
for 5 generations and no bill of sale.

What if I sell a $700 tool I bought at auction for 50 bucks and made a
lot of money but I report it as a used refrigerator?

Scott Lurndal

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Jan 10, 2022, 1:39:27 PM (9 days ago) Jan 10
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Very few 100+ year old tables are worth $900, but I'm sure the IRS
has a nice document that describes exactly how that works. It's not
a new problem, after all. Ebay made the decision not to send
1099s, and now that decision is biting them.

Jim Joyce

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Jan 10, 2022, 3:07:05 PM (9 days ago) Jan 10
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On Mon, 10 Jan 2022 06:55:51 -0800 (PST), trader_4
I don't want to drag this out. I just don't think it will be a big deal
at all. Was it a big deal when Internet purchases started being taxed?
AFAIK, folks just shrugged and continued on with their lives. I think
this new thing will be exactly like that. A shrug, maybe a swear word
directed toward the IRS, and life goes on.

gfre...@aol.com

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Jan 10, 2022, 4:00:34 PM (9 days ago) Jan 10
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On Mon, 10 Jan 2022 06:57:30 -0800 (PST), trader_4
The banks also have increased reporting requirements and generating
those 1099s affects businesses like Ebay PP and auction houses.
I do wonder how many people actually sell more than $600 on Ebay tho
if they don't have a "store".

gfre...@aol.com

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Jan 10, 2022, 4:10:43 PM (9 days ago) Jan 10
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On Mon, 10 Jan 2022 07:01:13 -0800 (PST), trader_4
I am sure that is what the IRS is hoping for.
OTOH it is simple to add a basis on that windfall and hope the IRS
doesn't want to see a receipt.
>
>> Those people probably have an E-bay store and file the right forms
>> now.
>>
>> OTOH the guy across the street from me has a garage sale at least once
>> a month, all cash and probably virtually all profit since most of what
>> he sells seems to come off the curb. He collects stuff the night
>> before trash day, shines it up and sells it. People also just give him
>> things as a sort of recycling thing. I know I give him stuff my wife
>> wants gone all the time.
>
>Maybe that will be next, the Dems figuring out how to monitor and
>report that low level activity. Then they wonder why people quit working.

People quit working because the government made it lucrative to stay
home. Supplementing that with cash gigs and garage sales certainly
helps tho. I doubt the IRS has the resources to seriously cut into
that underground economy. They have certainly been unsuccessful so
far. Going after Paypal and Ebay is just low hanging fruit.
They were talking the other day on the news that these vaccine
mandates are also driving workers from larger companies to smaller
companies or simply scratching out a living with cash side gigs. The
example was an HVAC tech who is now working on his own, presumably
under the table, doing repairs. He is popular because the homeowners
know he won't be trying to sell him a new system since that has a
paper trail. He actually fixes your old one.
It was unclear how much public assistance he gets because he shows
virtually zero income.

gfre...@aol.com

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Jan 10, 2022, 4:16:09 PM (9 days ago) Jan 10
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If the tax payer uses a tax program it will most likely push them off
to schedule C. That is the only way you can reduce your liability from
the schedule 1 the 1099 prompts.
Then your program will ask you about all sorts of expenses related to
your "business". In the end the IRS might lose money.

gfre...@aol.com

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Jan 10, 2022, 4:26:26 PM (9 days ago) Jan 10
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On Mon, 10 Jan 2022 17:47:44 GMT, sc...@slp53.sl.home (Scott Lurndal)
wrote:
Like Ed says, it is just the extra paperwork. It may force more
taxpayers to buy Turbotax or something tho and that may be the
original plan. Those companies contribute a lot of money to
politicians to insure the taxes are complicated.
This is where places like Canada have it all over us. Their tax forms
for most simple wage earners are pretty much one page.

OTOH once people understand the loopholes on the schedule C, they
might embrace this. You can still file a schedule C and take the
standard deduction, allowing you to get the easy money from the SD and
still write off some of your normal expenses. If you have to report
the money you make on Ebay as income, you have an e-commerce business.
Your computer is an expense, your internet connection is an expense,
some of your home is an expense as are some of your utilities. You
also get to set the basis price for what you sell.
There is an excellent chance the "loss" you take on that sale reduces
your tax bill, not raise it.
That assumes you don't just eat the 1099 as ordinary income or simply
ignore it.

%

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Jan 10, 2022, 4:30:09 PM (9 days ago) Jan 10
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trader_4 <tra...@optonline.net> wrote
Not even possible to do that. Same with
the facebook buy swap sell groups too.

> Then they wonder why people quit working.

That isn't working.

Peeler

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Jan 10, 2022, 4:59:26 PM (9 days ago) Jan 10
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On Tue, 11 Jan 2022 08:29:59 +1100, %, better known as cantankerous trolling
senile geezer Rodent Speed, wrote:

<FLUSH the abnormal trolling senile cretin's latest trollshit unread>

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Scott Lurndal

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Jan 10, 2022, 5:06:29 PM (9 days ago) Jan 10
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gfre...@aol.com writes:
>On Mon, 10 Jan 2022 17:47:44 GMT, sc...@slp53.sl.home (Scott Lurndal)
>wrote:
>

>> "No need to worry\u2014 you only pay taxes on profits.
>> You won\u2019t owe any taxes on something you sell for less
>> than what you paid for it. For example, if you bought a bike
>> for $1,000 last year, and then sold it on eBay today for $700,
>> that $700 you made would generally not be subject to income tax."
>>
>>I guess I don't understand the fuss. Income is income.
>
>Like Ed says, it is just the extra paperwork.

The taxpayer has to do the paperwork anyway. If anything,
this should make it easier for the taxpayer, who would
need to pay the taxes regardless of whether they have a
1099 or not. This does make it more difficult to cheat,
which is a good thing too.

I repeat - the seller must currently pay taxes due on ebay
transactions, regardless of size. Individuals must report
profit on sales of personal goods. So, there's no difference
in the amount of work _unless the taxpayer is cheating_.

trader_4

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Jan 10, 2022, 6:04:09 PM (9 days ago) Jan 10
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The fuss is that when income is small, the govt burden imposed on
people earning it is unwarranted and unjustified. We should be encouraging
people to make a few thousand bucks, not subjecting them to burdensome
calculations of profits, quaterly SS tax payments, quarterly estimated IRS
payments. People trying to earn a bit, the govt punishes. But then hands out
thousands of payments from a socialist govt, including payments that discourag
finding a job and welfare to encourage more people to not work and live off
the dole. It's the exact opposite of what govt should be doing.

And I'm sure a lot of people will be shocked when they get a 1099 now from
the IRS for selling $600 a year on Ebay. You're a Democrat, are you proud
of what they've done?

trader_4

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Jan 10, 2022, 6:13:10 PM (9 days ago) Jan 10
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It's not so simple when you have to calculate in the all the costs of selling
to correctly reduce your profit and pay taxes on it That would include mileage to the post
office, (now you need to keep a contemporaneous log of car mileage),
calculating a home office expense deduction, file quarterly SS tax payments,
quarterly IRS payments. Some poor bastards making $500 in profit
are supposed to do all that. Thank you Biden and the Dems. The existing
$20K+ and 200+ sales criteria that was very reasonable, to them that was rich
folks, need to fix their wagons.


Ralph Mowery

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Jan 10, 2022, 6:13:45 PM (9 days ago) Jan 10
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In article <816c5171-2fb1-478c...@googlegroups.com>,
tra...@optonline.net says...
>
> And I'm sure a lot of people will be shocked when they get a 1099 now from
> the IRS for selling $600 a year on Ebay. You're a Democrat, are you proud
> of what they've done?
>
>

Still proud you voted against Trump ?


%

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Jan 10, 2022, 6:22:14 PM (9 days ago) Jan 10
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<gfre...@aol.com> wrote
Just another of your utterly silly conspiracy theories.

Peeler

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Jan 10, 2022, 6:32:31 PM (9 days ago) Jan 10
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On Tue, 11 Jan 2022 10:22:04 +1100, %, better known as cantankerous trolling
senile geezer Rodent Speed, wrote:

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%

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Jan 10, 2022, 6:33:21 PM (9 days ago) Jan 10
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Scott Lurndal <sc...@slp53.sl.home> wrote
> gfre...@aol.com wrote
>> sc...@slp53.sl.home (Scott Lurndal) wrote

>>> "No need to worry\u2014 you only pay taxes on profits.
>>> You won\u2019t owe any taxes on something you sell for less
>>> than what you paid for it. For example, if you bought a bike
>>> for $1,000 last year, and then sold it on eBay today for $700,
>>> that $700 you made would generally not be subject to income tax."
>>>
>>>I guess I don't understand the fuss. Income is income.
>>
>>Like Ed says, it is just the extra paperwork.
>
> The taxpayer has to do the paperwork anyway.

Wrong.

> If anything, this should make it easier for the taxpayer,
> who would need to pay the taxes regardless of whether
> they have a 1099 or not.

Wrong.

> This does make it more difficult to cheat,

Wrong.

> which is a good thing too.

> I repeat - the seller must currently pay taxes
> due on ebay transactions, regardless of size.

Wrong with second hand goods disposed of
or with stuff you decide you don’t need and sell.

> Individuals must report profit on sales of personal goods.

But not when there is no profit.

> So, there's no difference in the amount
> of work _unless the taxpayer is cheating_.

Wrong when there is no profit.

Peeler

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Jan 10, 2022, 6:41:38 PM (9 days ago) Jan 10
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On Tue, 11 Jan 2022 10:33:11 +1100, %, better known as cantankerous trolling
senile geezer Rodent Speed, wrote:


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Ed Pawlowski

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Jan 10, 2022, 6:52:50 PM (9 days ago) Jan 10
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Just think how many wonderful government jobs it will make and help the
economy.

Like I said earlier, I don't sell stuff for $600 but you can buy it for
$300 twice.

gfre...@aol.com

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Jan 11, 2022, 12:16:47 AM (9 days ago) Jan 11
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On Mon, 10 Jan 2022 22:06:23 GMT, sc...@slp53.sl.home (Scott Lurndal)
What do you think the compliance rate on that is right now?
I bet 99.9% of the casual sellers don't even think about it, any more
than they would about winning $100 in an office super bowl pool. (also
taxable).

gfre...@aol.com

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Jan 11, 2022, 12:23:52 AM (9 days ago) Jan 11
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On Mon, 10 Jan 2022 15:13:07 -0800 (PST), trader_4
I mentioned that. If you are playing the game, you are filling out a
schedule C and if you let Turbotax prompt you through that, you
probably lose money on that $600. You might even get to make money on
the deal.
I did schedule Cs with Turbotax for 8 years when I had my business. I
never made much money. The year I got audited it was because I didn't
deduct enough. (home office). I ended up getting a hundred and some
back.

gfre...@aol.com

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Jan 11, 2022, 12:25:10 AM (9 days ago) Jan 11
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This is cumulative over the year.

Scott Lurndal

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Jan 11, 2022, 9:41:57 AM (9 days ago) Jan 11
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gfre...@aol.com writes:
>On Mon, 10 Jan 2022 22:06:23 GMT, sc...@slp53.sl.home (Scott Lurndal)
>wrote:

>>I repeat - the seller must currently pay taxes due on ebay
>>transactions, regardless of size. Individuals must report
>>profit on sales of personal goods. So, there's no difference
>>in the amount of work _unless the taxpayer is cheating_.
>
>What do you think the compliance rate on that is right now?
>I bet 99.9% of the casual sellers don't even think about it, any more
>than they would about winning $100 in an office super bowl pool. (also
>taxable).
>

What's that old saying? Oh yeah,

"Ignorance of the Law is not a valid excuse".

Bob F

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Jan 11, 2022, 10:37:13 AM (9 days ago) Jan 11
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And long before sellers were required to collect state sales taxes,
states already REQUIRED their residents to pay "use tax" for anything
they bought for which they did not pay sales tax. Anyone that did not
could be prosecuted for that crime.

gfre...@aol.com

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Jan 11, 2022, 2:18:25 PM (8 days ago) Jan 11
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On Tue, 11 Jan 2022 14:41:50 GMT, sc...@slp53.sl.home (Scott Lurndal)
One thing about the law, no matter what an attorney says, you can hire
another attorney to argue the opposite.
In this case I doubt 99% of tax payers actually understand what this
law says or what it really means. Some will just add this to their
schedule 1 and pay, others will throw it away. The smart ones will
play the cards dealt to them.
The question is how big the 1099 has to be to get the IRS to pursue
it. Then it becomes, how many could establish a basis to avoid the tax
and make that pursuit a waste of money?
Like I said, this probably puts a lot more people on a schedule C and
then a whole new can of worms opens up. The basic schedule C used to
be included on the standard Turbotax. I am not sure now but if so,
this rule could end up lowering tax liability at no particular cost or
hassle to the taxpayer.
There are all sorts of things available on a "C" most people don't
understand they can deduct, if the IRS wants to call you a business.
https://www.irs.gov/pub/irs-pdf/f1040sc.pdf

I can easily see people writing off over $1000 because they sold $600
worth of stuff on Ebay, most of it expenses a regular filer eats. (Pro
rated internet, PC, vehicle expense maybe a home office. How sharp is
your pencil?)
Then the question becomes, is that a qualified business loss (Form
8995) and if you can deduct it from other income?

They were far better off just letting most of these people slide on
several hundred bucks they sold stuff on Ebay for (probably at a loss)
if those people look at their "expenses".

gfre...@aol.com

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Jan 11, 2022, 2:27:15 PM (8 days ago) Jan 11
to
There are plenty of taxes people should be paying and they don't. The
government ignores it because collecting that tax costs more than the
tax produces.
My example of that $100 you won in the Super Bowl office pool applies.

OTOH how many people save their losing "scratch and sniff" tickets to
write off on the 1099G when they win (>$600). Virtually of them still
lose money at the end of the year. In fact I don't know a successful
gambler.

Scott Lurndal

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Jan 11, 2022, 2:48:12 PM (8 days ago) Jan 11
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gfre...@aol.com writes:
>On Tue, 11 Jan 2022 14:41:50 GMT, sc...@slp53.sl.home (Scott Lurndal)
>wrote:
>
>>gfre...@aol.com writes:
>>>On Mon, 10 Jan 2022 22:06:23 GMT, sc...@slp53.sl.home (Scott Lurndal)
>>>wrote:
>>
>>>>I repeat - the seller must currently pay taxes due on ebay
>>>>transactions, regardless of size. Individuals must report
>>>>profit on sales of personal goods. So, there's no difference
>>>>in the amount of work _unless the taxpayer is cheating_.
>>>
>>>What do you think the compliance rate on that is right now?
>>>I bet 99.9% of the casual sellers don't even think about it, any more
>>>than they would about winning $100 in an office super bowl pool. (also
>>>taxable).
>>>
>>
>>What's that old saying? Oh yeah,
>>
>> "Ignorance of the Law is not a valid excuse".
>
>One thing about the law, no matter what an attorney says, you can hire
>another attorney to argue the opposite.

Look up the term non-sequitor.

Ralph Mowery

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Jan 11, 2022, 2:51:05 PM (8 days ago) Jan 11
to
In article <h1mrtg9o3dhf1qjrp...@4ax.com>,
gfre...@aol.com says...
>
> There are plenty of taxes people should be paying and they don't. The
> government ignores it because collecting that tax costs more than the
> tax produces.
> My example of that $100 you won in the Super Bowl office pool applies.
>
>
>

About 20 years ago my son only had an old car to list. County tax was
about 5 or 6 cents less than the stamp on the tax letter. Somewhere
around 24 cents for the stamp and less for the tax.

gfre...@aol.com

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Jan 11, 2022, 5:04:23 PM (8 days ago) Jan 11
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On Tue, 11 Jan 2022 19:48:05 GMT, sc...@slp53.sl.home (Scott Lurndal)
The tax law in this country is a "non-sequitor" <sic> if you think the
premise of taxes is only to collect revenue.

BTW I did find non-sequitur
Non Sequitur noun
"In law or logic, an inference or a conclusion which does not follow
from the premises".

I guess you agree with the rest I wrote about the possible
consequences of this law.

gfre...@aol.com

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Jan 11, 2022, 5:05:59 PM (8 days ago) Jan 11
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The tax on that super bowl pool win could easily be $20 for a middle
class W2 earner.

Ed Pawlowski

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Jan 11, 2022, 5:15:23 PM (8 days ago) Jan 11
to
On 1/11/2022 2:18 PM, gfre...@aol.com wrote:

> There are all sorts of things available on a "C" most people don't
> understand they can deduct, if the IRS wants to call you a business.
> https://www.irs.gov/pub/irs-pdf/f1040sc.pdf
>
> I can easily see people writing off over $1000 because they sold $600
> worth of stuff on Ebay, most of it expenses a regular filer eats. (Pro
> rated internet, PC, vehicle expense maybe a home office. How sharp is
> your pencil?)
> Then the question becomes, is that a qualified business loss (Form
> 8995) and if you can deduct it from other income?
>
> They were far better off just letting most of these people slide on
> several hundred bucks they sold stuff on Ebay for (probably at a loss)
> if those people look at their "expenses".

And the winner is: Turbo Tax

I've done schedule C and if I was to get a 1099 for a $600 transaction
it would take a little extra time but as you say, I'd come out way ahead.

Added paperwork for no gain.

Ed Pawlowski

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Jan 11, 2022, 6:51:33 PM (8 days ago) Jan 11
to
The law is the law and must be followed. That $20 would help eliminate
the deficit and the IRS should supply the forms for it. They can make
them readily available by putting them in the neighborhood bars, gym
locker rooms, the break room at work, the golf club, and so forth.

If those cheaters paid their fair share the rest of us would pay less.
Super Bowl is not far off so lets do it! Every win is taxable no matter
the sport.

gfre...@aol.com

unread,
Jan 11, 2022, 7:10:57 PM (8 days ago) Jan 11
to
In my case the schedule C was a tremendous gain for me.
I think we will see a large rise in "businesses" and maybe that is
something the administration would like to have as a stat.

gfre...@aol.com

unread,
Jan 11, 2022, 7:13:06 PM (8 days ago) Jan 11
to
If your conscience bothers you, file a schedule 1. The IRS will take
the money.


trader_4

unread,
Jan 12, 2022, 12:02:26 PM (7 days ago) Jan 12
to
Yes, very much so. Given the opportunity I would do it again. Even with
Biden turning out to be a disappointment, Trump was far worse. If what Trump
did starting election night and continuing until Jan 6 didn't convince you that
we were right all along, nothing will.

trader_4

unread,
Jan 12, 2022, 12:06:04 PM (7 days ago) Jan 12
to
Here's a novel idea for you. You Dems claim you support the little
guy, that you're really only after billionaires, that you support
businesses. How about just exempting businesses below some
reasonable sales or profit threshold from having to pay tax or file
period? Right now the threshold is $400 in profit.

trader_4

unread,
Jan 12, 2022, 12:07:29 PM (7 days ago) Jan 12
to
I agree 100%. But they will be thinking about it a year from now
when they get those new 1099s.

trader_4

unread,
Jan 12, 2022, 12:09:20 PM (7 days ago) Jan 12
to
Right and I'm sure you and all the Dems did that. Whenever you
bought something out of state, you sent the required sales tax money
to your state.

angelica...@yahoo.com

unread,
Jan 12, 2022, 1:05:48 PM (7 days ago) Jan 12
to
On Wednesday, January 12, 2022 at 12:09:20 PM UTC-5, trader_4 wrote:

> Right and I'm sure you and all the Dems did that. Whenever you
> bought something out of state, you sent the required sales tax money
> to your state.

Michigan has/had a way of estimating the required sales tax on Internet
purchases (a percentage of your AGI, if memory serves). That's what
I used. And might still use. I'll have to see what happens when I file
for 2021. It might be that the vendors are now required to remit the
6% sales tax to the state, so it's considered a non-issue for Michigan
taxpayers.

Cindy Hamilton

Bob F

unread,
Jan 12, 2022, 1:21:18 PM (7 days ago) Jan 12
to
That is certainly the case in WA. Sales tax is automatically calculated
for every online order I make.

trader_4

unread,
Jan 12, 2022, 4:03:20 PM (7 days ago) Jan 12
to
Please don't give the libs ideas.

gfre...@aol.com

unread,
Jan 12, 2022, 10:14:22 PM (7 days ago) Jan 12
to
The rule in Florida seems to be if the company has a Florida presence,
you get the tax added to your order. If they are totally operating out
of state, no tax.
Amazon has centers all over Florida and you pay the tax. Some other
places (most Ebay sellers) don't and we don't pay the tax.

angelica...@yahoo.com

unread,
Jan 13, 2022, 5:53:57 AM (7 days ago) Jan 13
to
I think that's the case in Michigan, too, except that we're expected
to pay the tax anyway.

I don't buy from Ebay very often. I'm getting tired of "stuff". Having
it, cleaning it, finding a place to store it.

Cindy Hamilton

Frank

unread,
Jan 13, 2022, 8:50:11 AM (7 days ago) Jan 13
to
No sales tax in Delaware and I believe we got the first Amazon center
here and they are building another huge one. I have never paid sales
tax on an order from anywhere. I suspect Amazon does not charge sales
tax when delivering out of Florida but charges whatever the receiving
state tax is.

As for the government trying to get blood out of a stone by milking us,
they may find the cost of doing it with extra employees brings in less
than the cost of those employees.

I see it here with county government with extra rules and extra
employees. County tax in lower Delaware might be half upper Delaware.
I also hear that it costs $25,000 more to build a house in this county
because of all the extra rules and fees.

trader_4

unread,
Jan 13, 2022, 9:57:33 AM (7 days ago) Jan 13
to
On Wednesday, January 12, 2022 at 10:14:22 PM UTC-5, gfre...@aol.com wrote:
I just went back to look at an Ebay order I sent to FL. Ebay collected sales
tax. This has all gotten more complicated and harder to avoid in the last
few years. Many states changed their laws, expanded who is required to
pay it and made it harder to avoid. In the case of Florida, it might also
depend on the law in the seller state, IDK.

Bob F

unread,
Jan 13, 2022, 10:42:36 AM (7 days ago) Jan 13
to
It used to be that way here. Then WA changed their laws.

It seems that small sellers might still be able to ignore the tax.

"Consumers buying from out-of-state sellers

Recent tax law changes across the country have changed tax requirements
for out-of-state sellers. Many businesses are now required to collect
sales tax in states where they conduct business. In Washington, we refer
to this as the marketplace fairness law.
Sales/use tax collection changes

You may notice that many businesses are now collecting sales tax on your
purchases, even if they did not before. As of Oct. 1, 2018, any business
making more than $100,000 in gross retail sales to customers in
Washington is required to collect retail sales tax on your purchase and
then submit that tax to the state.

If retail sales tax is not collected, you may owe use tax. This is not
an additional tax. Use tax is a tax on the use of goods or certain
services in Washington when sales tax has not been paid. Goods used in
this state are subject to either sales or use tax, but not both. Use
tax is the same rate as sales tax."
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