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To: Libloather

I know it has to be done by Congress...but they need to get rid of that 1099-k which will create millions of new forms...this is the one where if you received more than $600...you have to report it as income even though it’s NOT income...you sold some old basement tools on ebay for $700 that you paid $1000 for 20 years ago.


29 posted on 02/14/2025 5:02:37 PM PST by Sacajaweau
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To: Sacajaweau

And the IRS changed it to $2500 instead of $600 for this year, going to $600 next year.

What law did the IRS use? They pulled it outta their butt...


38 posted on 02/14/2025 6:11:49 PM PST by WildHighlander57 ((the more you tighten your grip, the more star systems will slip through your fingers.) )
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