[Boatanchors] New IRS Rule

[Rob Atkinson]

"Also excluded is anyone who receives money from selling a personal
item at a loss; for example, if you purchased a couch for $300 and
sold it for $250, the amount is not taxable. "

Well, I'm out.  Don't think I've ever made money on any ham gear
sales.  Now, all you KW1 tycoons, and eBay flippers look out.  hi hi.
 Maybe this will end those fellows who raid hamfests for 2A3s and 211s
so they can sell them for $200 or more each.

Rob
K5UJ

On Sat, Jan 8, 2022 at 8:03 PM jeffv <jeffv at op.net> wrote:
>
> https://www.foxbusiness.com/money/venmo-paypal-cash-app-report-payments-irs