Taxes On Consignments - Net54baseball.com Forums

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09-17-2013, 10:31 AM

honus94566 honus94566 is offline

D@ve R1cks

Join Date: Apr 2011

Posts: 335

Quote:

Originally Posted by ullmandds

hank's right...but I'm guessing most do not claim this income...and I believe at this point the AH's do not report it.

Probably true. But, if a check is in excess of 10K, your bank is required by law to report it to big brother when a check of that size is cashed or deposited.

(from what I understand)

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