[Boatanchors] eBay/PayPal

[jeffv]

On 2/1/21 6:21 PM, Rich Arland wrote:
> Has anyone recently checked the email from eBay? If not, methinks eBay has rolled over for the IRS. Apparently (as I read the mssg) after 2-28-2021 you will be paid directly to your bank account rather than PayPal. In order to do this, you have to "update" your eBay account info including providing your SSAN and DoB. Whatcha wanna bet that that info will be sent directly to the IRS after you sell a piece of gear on eBay? Which means you will have to declare this "income" to the IRS when you file each year.

I haven't seen anything from ebay or paypal.
However, my money-grubbing state has gotten its hands on this via sales tax.

Once they get their hands in your pockets, they won't come out.