2 ms·
But I think a lot of ordinary people selling stuff on eBay will get this form and think "I have to report this to the government as income." And in fact, what
by prirun 4y ago
But I think a lot of ordinary people selling stuff on eBay will get this form and think "I have to report this to the government as income." And in fact, what I read about it is that if it isn't all income, you write a note about it when you file your taxes. How many people are going to know to do that? Unless you have actually run a business or are doing $1M transactions, you probably won't understand that selling some used junk doesn't require paying taxes on the "income".