Submitted by HighwayMan in AskRaddle
HighwayMan
HighwayMan wrote
Reply to comment by lilbaby298 in Paying your taxes on ebay sales by Master123
Don't start unnecessary drama.
HighwayMan wrote
Reply to Meet the Animal Rights Activists Facing Prison Time for Rescuing Ducks, Piglets from Factory Farms by videl
Do you think the farm will sue everyone arrested and try to hold them responsible for any economic losses?
HighwayMan wrote
Reply to How much does shoplifting actually hurt workers? by sudo
It really depends on the store. Some retailers have a profit share. If that is the case then the workser are directly affected by shrink. Small size stores, like mall shops, are affected with high levels of shrink. Corporate will cut hours to ensure the store is profitable.
HighwayMan wrote
Reply to Paying your taxes on ebay sales by Master123
You do not have to worry about Ebay. Paypal is the one that will submit information to the IRS. However, you have to have made $20,000 AND over 200 transactions for PayPal to submit to the IRS.
You can still pay taxes if you feel you are at risk of being audited. Unless someone submits a 1099 the IRS will never know about your income.
The other situation to be careful of is your bank. If you are moving large sums of money around someone may report your account. This does not have to the standard $10,000 and above amount of cash.
HighwayMan wrote
Reply to comment by Master123 in Paying your taxes on ebay sales by Master123
You shouldn't use dumb. Ignorant is a better choice of words.