11-18-2021 08:51 AM
So if I'm understanding it right, starting January 1, 2022 the income limit before getting a 1099 will be $600 for the year instead of $20,000 and 200 sales? Sort of a big jump. lol
11-18-2021 08:56 AM
Elections have consequences.
We were told that the wealthy, rich fat cats were going to be made to pay their fair share, this is the first step in that direction.
11-18-2021 08:59 AM
That's the new law. However, it's for getting a 1099, you were always supposed to be reporting.
11-18-2021 11:48 AM
Yes I know that but thanks.
11-18-2021 01:58 PM
Just to clarify: You know that this is an IRS rule, not an eBay rule, right?