[Hallicrafters] New IRS Rule

[James Brannigan]

 Yes, regulations that will cost millions to implement and produce a small return in increased Federal Taxes(The States will follow)
Jim
    On Saturday, January 8, 2022, 06:30:53 PM EST, Doug Hensley <w5jv at hotmail.com> wrote:  
 
 I just got this from eBay so will be true for PAYPAL etc:

"Starting on Jan 1, 2022, we're required by the IRS to collect your full nine-digit Social Security
number (SSN) or Individual Tax Identification Number (ITIN) in order to issue a Form 1099-K to
everyone who sells $600 or more."

The 20K/200sale hallmark is no longer but may come back and haunt some of us  🙁

Not being healthy enough to work the hamfests, I'm screwed.

Doug W5JV





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