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Welcome Licorice Pizza (LP) lovers! Setup guides and Vinyl FAQ.

Are you sure about tax treatment ?

I understood that proceeds from the sale of personal items is technically income, but generally goes undeclared and untaxed. You are "supposed" to include it on your tax return. Ebay/Paypal were asked by the IRS to report all sellers who had proceeds of $10k or more per year. Your point regarding an agent or service is well taken, but Ebay is a platform for facilitating person to person transactions and not an agent working to effect the sale.


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