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#1
06-16-2020, 08:19 AM
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E-Bay Card Sales
Has anyone been able to extract this info out of e-bay personnel yet? I have called three different times now and the reps just keep repeating their policy on sales tax and going around in circles.
With the upcoming changes in July regarding buyer payment methods being mandatory for certain seller accounts, I need to know if e-bay is accumulating all of the sales records regardless of payment method used by the buyer for income reporting purposes. My understanding was yes, e-bay will be doing all reporting from August forward with pay pal completely out of the picture. Furthermore, I need to know if e-bay will have similar threshold levels for IRS reporting as pay pal has had for the past several years, $20,000 in sales AND 200 transactions. Nobody has been able to answer this question for me over there. 
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