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Equipment sold online in 2022 will be taxable income!

Check out the link. In 2022 if you sell something on Ebay, etc, and get payment from Paypal, etc, THIS WILL BE TAXABLE INCOME.

No kidding. So if I buy a two thousand dollar amp and sell it for a thousand dollars that's a thousand dollars of taxable income.

Between this and shipping rates going through the roof it looks like the golden age of being able to sell gear online is coming to an end.




'A lie is halfway around the world before the truth gets its boots on'. -Mark Twain


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Topic - Equipment sold online in 2022 will be taxable income! - mbnx01 14:45:18 04/30/21 (92)

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