Looks like it's that time of year again when there are numerous posts
about the $600 rule. Here's the latest announcement from the IRS. Not
sure if this will be the official decision, as they are currently
planning on this new ruling for 2024. IRS an...
I'm scratching my head on this one since I'm retired, only sell a few
items as a part-time "hobby", and I don't even have a store. Not to
mention that the summer months are slow for me and I currently only have
two $90 items listed. I have no idea wh...
Alright all you rockers. Many of you are probably familiar with the song
Piano Man by Billy Joel. This is a similar song called Shoe Man, which
sounds almost identical. Well, almost. Please note that no shoes were
harmed in the making of this eBay in...
I sold an item last Friday. Prior to shipping I checked the buyer's
address and there was no house, just a vacant field. Today the package
shows delivered to a USPS parcel locker. This is the first time I ever
heard of a "parcel locker" that wasn't l...
It's easy to come up with goals for the new year, but not so easy to see
them through. While some resolutions are achievable, many end up
failing.My new years resolution is to sell less than I have in previous
years. With a slow economy I should be a...
@gszen Same thing for me, I'm unable to scroll down the offer screen to
click on the submit or confirm button. Called eBay and was told this is
a glitch reported by others and that eBay is working to fix it in the
next 24 to 48 hours.
You're wrong, the "authority" was actually "announced" back in July. And
I'm not congratulating myself, I'm redeeming my reputation. I'm just
always amazed when someone comments on a topic that they have no
knowledge about.
Personally, I thought calling my informative post pointless was rude.
And I believe I was the first to announce the $5000 threshold way back
in early November when others here were only referring to it as
"planned".
@nobody*s_perfect wrote: Their [the IRS] "plan" to use a $5K threshold
for 2024 is not yet official. Thus, there is absolutely no point to this
thread. I had to wait to now to prove that there was a point to my
thread. The $5K threshold is now offici...
@monroe67 wrote: Ummmmm -- the date of that publication was November 21,
2023, seven days less than one year ago. Thus, it is "OLD" news. No
problem, here's some "NEW" news for all the skeptical
replies:R-2024-299, Nov. 26, 2024
https://www.irs.gov/n...
