They have to send a 1099 to the IRS for tax reasons. But I don't like
the fact that they are forcing you to use eBay for payments and want SSN
and bank account information. Pay Pal got my SSN and a CREDIT CARD not
my Checking account number. I don't ...
I've only been selling for about 6 months and it was understood to not
ship until the buyer paid. If they paid ( with pay pal) that day I got
the item in the mail. Sometimes within a hour it was at the post office.
The way it is now I wouldn't send u...
https://turbotax.intuit.com/tax-tips/self-employment-taxes/a-tax-filing-factsheet-for-ebay-sellers/L7h6uJr0iHere
is the Turbo Tax link. If some one has an occasional garage sale it's
not considered a business and not taxed/reportable. BTW I'm over 60...
Let's say you are right Ebay should let people who are selling know in
advance what they willl have to give up to sell. Not wait until they are
selling and then tell you later. Ebay makes it sound like it's like
having a garage sale and it's not. So ...