This may be of interest to some...


The Internal Revenue Service on Friday announced they are delaying new tax-reporting requirements for millions of Americans who made more than $600 of income from e-commerce platforms such as Ebay, Etsy and AirBnB.

 

From today's WSJ

srinisr

Showing 1 response by facten

if you have your original receipts and then sold some used audio equipment this is all much about nothing; pull together a spreadsheet , include the info on form 8949 , show presumably no gain since it is used equipment  and you're all done. Brief amount of extra work and no tax paid