IRS may go after eBayers!

  1. I don't think it will pass. It's going to be hard to identify who is just selling a bunch of their junk and who is actually a wholesaler. The way the tax law is right now, if you sell your purses at a lower price than what you originally bought it for, then your profit is not taxable.
  2. I bet if it goes into effect at all it would be quite sometime before it affects us smalltime sellers. eBay would have to do a complete overhaul of its entire system and request ssn's, which they dont do now. I am so happy I have nothing else to sell. eBay used to be so much fun to buy and sell on, the past year just selling my handbags has been nothing but stress. I am happy I'm done with eBay as a seller for the most part.