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To: utax

“eBay now requires your SS #, date of birth and bank account info to sell stuff. i sell local off eBay whenever possible”

Started in 2019 if you sell more than $20k per year you will get a 1099.

I have been selling a ton of stuff on Facebook marketplace. No fees. Could I have got more from Ebay? Probably but now it’s about 18% in fees. $200 item = $35-40 in fees. So it washes out.

The rare high priced stuff I still use ebay.


30 posted on 01/20/2021 7:38:33 AM PST by setter
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To: setter

“Started in 2019 if you sell more than $20k per year you will get a 1099.”

Maybe for some. I was only notified of the requirement a month or so ago.


46 posted on 01/20/2021 8:17:36 AM PST by utax
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