06-02-2022 03:38 AM - last edited on 06-02-2022 03:00 PM by kh-gary
Hello Friends on eBay, It used to be that I could "Leave Feedback" for a Buyer. Now eBay throws a screen at you which says "Reply to Buyer." I have emailed eBay asking what the difference here is. Is "Replying to buyer" just an email? Or, is it leaving reciprocal feedback to the buyer. Of course, I've asked this question to eBay directly. But its ignorant, homogenous, uneducated staff will not (probably cannot) answer the question.
Allow me to add that eBay has done a terrible job helping users and sellers with the new taxes we're all going to have to pay. eBay's lack of direction, explanation and specificity leaves seller having to pay tax accounts and lawyers to disentangle the whole new tax mess. eBay is selling out it's sellers to the IRS, while providing little to no help to its sellers and users.
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06-20-2022 06:15 PM - edited 06-20-2022 06:16 PM
Reporting all income goes without saying. The rest of your reply I addressed very precisely in my reply to luckythewinner. It seems when some of you misunderstand me you resort to accusing me of not paying taxes, which is completely untrue. As a matter of fact, I just explained the process to some of you.
06-20-2022 06:21 PM
Im not saying you werent paying taxes. But to keep posting the same misinformation that reporting sales went from $20,000 to $600 is not helpful because it is not true.
06-20-2022 07:30 PM
I'll agree to add an asterisk because I forgot to include the 200 transactions, but the benchmark that matters went from 20K to 600 dollars. 97% of all the way to baseline. Make sure your quarterly IRS payments resolve with the new payments you're receiving because contrary to popular belief, the fees and charges have indeed changed per the chart I posted earlier. And this is a cold hard fact: Sales over $600 must to be reported using Form 1099-K. That's what the IRS focuses on. This requirement previously only applied to sellers with at least 200 transactions and over $20,000 in sales each year. The IRS took a giant shift in its position - and it happened fast. Why were all beaches completely full during the Covid crisis? Somebody has to subsidize all those free rides which were given out for the past few years.
Here's what's going on. I've been trying to tell everybody, but no one one wants to read between the lines. The Big Money Sellers can outgun the IRS, so the IRS is going after the small fries now. And all of you who are defending eBay - "Oh eBay is just being compliant." What a cop out! eBay is suddenly Switzerland. Believe whatever you'd like.
06-20-2022 07:39 PM
You just cant admit that you are wrong can you? A lot of play with words doesnt mean its accurate or factual.
06-20-2022 09:13 PM
I've got no reason to lie to you, bonjourami. If I'm lyin' I'm dyin'. I wouldn't be using what little free time I have to make this case if I didn't believe it. I'll agree that my opinion is potent. Somebody in this thread managed to get me placed behind eBay bars for a day or two - though I said nothing which can be construed as vulgar or abusive. What I'm pointing out is a bit defiant. This shift, or threshold reduction if you will, harms the small-scale seller, which most of us are. This is a covert tax hike trickling its way down to the working class. Ask any of your friends who have a UPS box. The rates are sky-rocketing. My UPS box rates will triple at minimum upon renewal they way they've re-bamboozled the new pricing. This is trending across all types of businesses in all states. Why? No one's questioning it. From my previous post, "The Big Money Sellers can outgun the IRS, so the IRS is going after the small fries now." It's starting to play out this way already.
06-20-2022 09:16 PM
@bonjourami wrote:You just cant admit that you are wrong can you? A lot of play with words doesnt mean its accurate or factual.
This is the internet.
If the same mis-information is repeated enough times it becomes fact. (insert sarcasm emoji here)