PayPal 24% tax hold - Net54baseball.com Forums

Welcome to Net54baseball.com. These forums are devoted to both Pre- and Post- war baseball cards and vintage memorabilia, as well as other sports. There is a separate section for Buying, Selling and Trading - the B/S/T area!! If you write anything concerning a person or company your full name needs to be in your post or obtainable from it. . Contact the moderator at leon@net54baseball.com should you have any questions or concerns. When you click on links to eBay on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. Enjoy!

#27

01-12-2023, 08:33 AM

Fred

Member

Join Date: May 2009

Posts: 3,364

Bob,

We all know who the greatest lefty of all time is and we all agree who shouldn't be in the HOF...

What this tax reporting means to me is that if I ever decide to start selling on ebay or other platform that uses e-payments, then I better be prepared to have a full accounting items that are being sold (which includes purchase price of the items sold).

What a pain. Going forward, people better be prepared to treat this like a business with full accounting efforts. I'm going to guess that a lot of people that were buying/selling to add to a few bucks to their income or have a few extra "hobby" dollars are really going to dislike this. Selling cards will be like day-trading. Better keep tabs of everything.

__________________
fr3d c0wl3s - always looking for OJs and other 19th century stuff. PM or email me if you have something
cool you're looking to find a new home for.

« Previous Thread | Next Thread »

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Switch to Hybrid Mode Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is On Forum Rules

Forum Jump

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
PayPal hold on funds?	Belfast1933	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	5	01-19-2021 10:37 PM
PayPal hold on funds?	kmac32	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	33	02-28-2013 08:35 PM
New Policy Change at Paypal? Why would anyone use ebay/paypal going forward.	sports-rings	Net54baseball Sports (Primarily) Vintage Memorabilia Forum incl. Game Used	9	01-09-2012 06:33 PM
Paypal Hold	yanks12025	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	7	12-22-2011 01:09 PM
ON HOLD....T206 PSA 2 Bill Carrigan (Boston) $25.00 before ebay...ON HOLD	Vegas-guy	Tobacco (T) cards, except T206 B/S/T	3	11-02-2011 04:28 PM

All times are GMT -6. The time now is 06:21 AM.