[ARC5] IRS Goes After Ebayers- Hamfest Leverage??

SBJohnston at aol.com SBJohnston at aol.com
Sun Feb 25 14:27:28 EST 2007


>The IRS has made it clear they are going after Ebay people 
>who don't report the profit on their sales as income.
>They are pressuring Ebay to release seller information,

eBay can't help them determine the profit made on the deal, just the sales 
price.  The vast majority of my sales on eBay have lost money from what I 
originally paid.

The IRS might have a point with eBay sellers who do enough volume to be 
considered a "business".  But casual, occasional sales should not be taxed.

Steve WD8DAS


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