Affordable gear rotation

[Jukka]

I’ve started a thread for the tax discussion, so we can stay on-topic.

Change in reported tax liability for US sellers

This year and going forth the US law has changed on what gets reported by companies like eBay and Reverb who handle the payment for a sale. This also applies to services like Venmo and PayPal. I won’t go into detail in this post, because frankly i don’t know that much detail. I will say that largely you only owe taxes on profit, the same as in the past. It’s the reporting, the 1099, that has changed. I am starting this thread to give this topic a home, and get it on-topic. Here’s an article f…

I like the Affordable Gear Rotation topic and it is getting swamped.