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12-30-2021, 11:54 PM
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#221
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Spider-Woman #1 Fan
Join Date: Aug 2004
Location: Los Angeles, Ca
Posts: 13,739
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Less hassle to keep it. I don't know if your aware but next year if you sell more then $600 on eBay they are going to send a 1099 and report to IRS.
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12-31-2021, 12:01 AM
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#222
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Experience is something you don't get until just after you need it.
Join Date: Jul 2008
Posts: 1,161
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Quote:
Originally Posted by marvelboi77
Less hassle to keep it. I don't know if your aware but next year if you sell more then $600 on eBay they are going to send a 1099 and report to IRS.
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I had no idea! That's horrible! Ebay already takes 13% of the sale. That's more than enough
Damn, and I just put the Iron Studios 1/4 Mandalorian up for sale (had a change of heart and decided I don't want it)
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12-31-2021, 12:05 AM
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#223
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Spider-Woman #1 Fan
Join Date: Aug 2004
Location: Los Angeles, Ca
Posts: 13,739
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Quote:
Originally Posted by komodo112
I had no idea! That's horrible! Ebay already takes 13% of the sale. That's more than enough
Damn, and I just put the Iron Studios 1/4 Mandalorian up for sale (had a change of heart and decided I don't want it)
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Keep your receipts. You only need to pay tax on profit. After fees, etc you might break even or lose money. But it's a big hassle.
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12-31-2021, 12:35 AM
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#224
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The X-Men
Join Date: Sep 2011
Location: Houston, Texas
Posts: 1,002
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With all the hassles of selling on eBay now, the tax reporting is kinda the final nail for me.
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12-31-2021, 01:06 AM
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#225
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Phoenix
Join Date: Jan 2016
Location: Secret Sanctuary
Posts: 12,245
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Why not sell in a FB group?
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12-31-2021, 01:25 AM
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#226
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Spider-Woman #1 Fan
Join Date: Aug 2004
Location: Los Angeles, Ca
Posts: 13,739
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Quote:
Originally Posted by nearmint
Why not sell in a FB group?
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PayPal will send you to the tax man too.
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12-31-2021, 01:42 AM
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#227
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Phoenix
Join Date: Jan 2016
Location: Secret Sanctuary
Posts: 12,245
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Quote:
Originally Posted by marvelboi77
PayPal will send you to the tax man too.
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Sure, but you're not giving 13% to eBay.
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12-31-2021, 04:24 AM
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#228
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The Green Hornet
Join Date: Oct 2018
Location: USA
Posts: 2,723
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Whaaat??? Oh great, another tax. I'll add that to the inflation and... yep, I pretty much work for free now. This is beyond frustrating. At least receipts are easy enough to retrieve.
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12-31-2021, 05:06 AM
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#229
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The Avengers
Join Date: Nov 2019
Location: “Man-sion
Posts: 658
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I’m not ashamed to say I ordered this piece, but I wasn’t a fan of the price for it.
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12-31-2021, 07:16 AM
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#230
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Hercules
Join Date: Aug 2014
Posts: 14,350
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More and more it seems like selling in FB groups is the only way to go now. eBay just gets worse.
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