IIRC, that 1099-k fiasco which says ebay etc etc sales over $600 have to be reported will produce 44 million returns.
Now people with businesses have to file over $600...anyways...put plenty of folks sell their "stuff" at a loss...and they still have to file and that's their only income and what they owe would always be zero.
Waste of everyone's time..and a lot of paper and disk space.
THE $600 threshold has been in place for YEARS-—
Form 1099.
I was self employed doing bookkeeping from 1980 to 2024-—and I filled out a large number of 1099’s. EVERY landlord got one. I GOT one from each client.