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New to Storage Auctions? / Re: Taxes - To pay or not to pay!?
« on: March 01, 2011, 06:03:32 PM »
Your supposed to pay taxes on any and all income. If your just selling things around the house and you don't profit from the sale no need to report, storage winnings your supposed to report earnings.
As far as ebay/paypal goes they won't issue you a 1099 until you do 20k in sales and over 200 sales total. Its not one or the other both those need to be met.
As far as ebay/paypal goes they won't issue you a 1099 until you do 20k in sales and over 200 sales total. Its not one or the other both those need to be met.