Specialized AGD Tech
They are now sending your info to the IRS for any sales over 600 bucks. You must provide a social security number or you dont get paid. They are charging final value fees that now include shipping and tax(which the buyer pays). So 12.55% +30 cents plus you have to report it on your federal return and state return so I figure add 30% at least to your asking price. 119 dollars plus is what they charged me on an 850 dollar sale. Not worth it if you ask me.
Registered User
I wondered what someone on another forum was talking about when he mentioned an IRS tax. I'm curious, is this for all sellers or just businesses?
Last of the Salzburg Clan
Demon Slayer
Get ready for it to hit PayPal too
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Specialized AGD Tech
Yes. All sellers and not just one item either...all of your sales combined over 600 will get reported. Charge accordingly. And stop voting Democrat if you do.Originally Posted by dstud2000
Not new school.
Man, that is steep!
Time to revert to old school money orders or cashiers checks. Do your business on the message boards or FB and privately handle everything.
Demon Slayer
I wonder if that will hit Craigslist
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Specialized AGD Tech
Probably so. They are trying anything they can to steal more money from us taxpayers so they can give it to illegals and pay for the new wall around Bidens delaware house.
www.BigEvilOnline.com
This will be the end of Ebay and paypal
Support the parallel economy.
RKM 3D Designs
good,
time to buy puts on paypal
PrestonCoPaintball
I remember forums where you could BST with folks ya trusted , didn't need PP or ebay
The only way around it is F & F and cash
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