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https://www.kiplinger.com/taxe...-reporting-threshold

Good article that explains what to do if you get a 1099-K.
 
Posts: 17622 | Location: Stuck at home | Registered: January 02, 2015Reply With QuoteReport This Post
Victim of Life's
Circumstances
Picture of doublesharp
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quote:
Originally posted by doublesharp:
rope a dope and will never happen - gives us something to worry about while they steal elections


This will pass.

https://www.cnbc.com/2022/12/2...nge-up-from-600.html

Hagerty, Manchin propose $10,000 threshold for Venmo, PayPal tax reporting change — up from $600


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God spelled backwards is dog
 
Posts: 4860 | Location: Sunnyside of Louisville | Registered: July 04, 2007Reply With QuoteReport This Post
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quote:
Originally posted by RogueJSK:


That is no shit!!!
 
Posts: 4162 | Registered: January 17, 2007Reply With QuoteReport This Post
Lawyers, Guns
and Money
Picture of chellim1
posted Hide Post
I'm going to have to re-think using Gunbroker.
It used to be pretty easy to buy ammo in bulk and sell smaller lots on Gunbroker. Point, click and cover the cost of the ammo I shoot. Easier than re-loading.

But when I get a 1099 it's going to take a lot of time to report each transaction and try to determine my costs.

I suspect a lot of smaller Gunbroker sellers are going to simply stop selling there.



"Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible."
-- Justice Janice Rogers Brown

"The United States government is the largest criminal enterprise on earth."
-rduckwor
 
Posts: 24753 | Location: St. Louis, MO | Registered: April 03, 2009Reply With QuoteReport This Post
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