Quote:
Originally Posted by CardPadre
I feel like those people were already getting 1099s from hitting the 200 transactions and $20K combo threshold. Anything close to resembling a full-blown business would at least do that probably.
We should all pay our taxes, but this puts a lot of extra accounting burden on the shoulders of relatively low-earners in a lot of cases.
|
I know several ebayers that when it was 200/20K just used multiple accounts to stay under that threshold.