THE IRS HAS TAKEN MY TRANSACTIONS VIA PAYPAL AND IDENTIFIED THEM AS TAXABLE INCOME


I had multiple transactions here and at US Audio Mart in 2019 and yesterday received a letter from the IRS stating the transactions were "Taxable Income" anyone else ever experience that with Paypal and now what?
Fighting the IRS is not something I look forward to!
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No richopp, they missed ONE.. I hope it's not the one bad apple thing again.. The whole bunch is BAD AGAIN!!

Ok Let's toss this bunch too.. I just wish they could JUST add and subtract.

An audit of the IRS reveled they need to be audited. BUT there was no one qualified to count all the money..

It's that corrupt.. Just like Social Security. It's so large and so corrupt, where do you start? WHO do you blame..

I have an answer though. Guillotine, just the offending parts though. Their little slush fund for paying off all the grab A$$, you got it.. OFF

A thousand a day of Mr. Guillotine at work and they would still be lined up with their hands out. Non profits (# 1 on my list), gamblers, thieves, cheats, lawyers, travel holics career politicians and lobbyist are just that, uncontrolled ADDICTS without a name put to them..

Why are they pulling out of the Afghanistan? Got tired off dropping off plane loads of money and watching it being stolen. By WHO? Who dropped it off who picked it up.. there's HALF. The US military might be pulling out but the CIA will never quit, EVER...

The money being spent in other countries is NUTS... The people doing that CRAP talked themselves into believing it's ok to be a scumbag.. Pretty simple..

I'll take a junkie or a drunk any day over the whole lot..

Regards
First, selling used does not constitute a loss. There may indeed be profit. There are depreciation schedules for all property items. Consider used car sales. Selling an as-new, or new old stock, or new in box set of speakers at a few hundred off list a few years after production will almost certainly represent a profit.

Second, all those naive bleeding heart entitlement bent people who feel that anyone with more money should support those with less need to stop flaunting their ignorance, because THEY DO. Bezos employs close to a million people, he should get a freaking Nobel prize and commission from the IRS.
A good reason not to use PayPal. Maybe accept only USPS money orders or personal checks?