9/21 I started selling "widget" (will not say what it is) on EBay for
the last couple of months on the side and have made a lot of
money. Is that considered income, and is that technically
taxable? -EBay guy with 250+ rating
\_ let's rephrase this: "I'm making money selling stuff,
is that considered making money? and is this subject to
is this considered making money? Is it subject to
the tax on making money?"
\_ Generally, if it were important enough to the IRS, they'd
let you know. So go ahead and sell, if you're doing something
wrong, they'll let you know.
\_ That could prove to be a very expensive lesson in US Tax Code.
\_ Hey, I'm making money selling yer mom's special 'services'
and am reporting and paying tax on it.
\_ If you have to ask, you should hire a tax professional.
probably be charging sales tax too. |