thyname

Responses from thyname

Paypal Changes for 2022
Any CPAs here? Let’s put this out there. Example:   ———- Say for example, I sold something for $1,000, that I bought a few years back for $2,000. Clearly a loss. It’s reported in that 1099-K form that also gets sent to IRS. What do I do with th... 
Paypal Changes for 2022
Well, I've about reached the end of my knowledge on this issue. I didn't realize that Paypal itemized all of the transactions. That’s OK. I appreciate the effort You would normally list any income and account for a 1099 on Schedule C. On this... 
Paypal Changes for 2022
@tubebuffer : what do you exactly know about US tax system AND baseball?   Please…. Let the adults take this thread on, and tackle the real issue at hand. Please   
Paypal Changes for 2022
@8th-note : They do get itemized. I received already a PayPal 1099-k for 2020 last year. I am in one of those 9 states I mentioned above (see reference below) that already had and have the PayPal reporting requirements for much lower amounts. The ... 
Paypal Changes for 2022
@8th-note : very informative! Question: what schedule would you file this under?   Also, I believe for hobby transactions, losses are disregarded, but gains are recognized. They cannot be offset with each other. I may be wrong  
Is an audio media transport really better than PC?
Decayed: ah…. Sorry to hear that.  
Is an audio media transport really better than PC?
Or maybe just voice dictation via Siri 😂  
Paypal Changes for 2022
I had to deal with PayPal reporting for all these years Trump was in power. And those “territories” I outlined above are mostly run from Republican governors. Mississippi, Arkansas, Missouri, Maryland, and now Virginia. Unless the crazies meant le... 
Zavfino
Well, @lalitk made me do it 😂🤷‍♂️. The only thing I did was posting a new dedicated Zavfino thread.   Honestly, since I went all in Zavfino, full loom, I stopped looking at cables. Which is a big deal for me. I have spent years, time, and (a lot... 
Is an audio media transport really better than PC?
Is it just me or does @audiotroy always posts while intoxicated? Grammar errors are to the point everything reads gibberish 😂🙄  
Suggestions for sturdy sub $2,000 audio rack
Sturdy, maple wood: http://www.mapleshadestore.com Based in Baltimore. Wood work from Amish   
Paypal Changes for 2022
🤦‍♂️ As always, not just audio, crazies take over / hijack all discussions  
Paypal Changes for 2022
Unfortunately there is no way out. You have to keep track of everything and report everything. I had a thread running in here last year:    https://forum.audiogon.com/discussions/1099-k-from-paypal-tax-form    
Paypal Changes for 2022
Some of us unfortunate to live in a few select states were already subject to the dreaded PayPal 1099-k tax forms: HERE Copy / paste: Several states have already closed this reporting loophole on the state level: Maryland, Massachusetts, Miss... 
Best Server To Run Roon Core
Apart for speed and “bandwidth”, the other benefit of your fanless NUC is a dedicated machine that runs headless 24/7 with no interruptions.   From my experience, since your Roon Core is not directly linked to DAC (I.e via USB cable), the LPS wi...