Selling on Ebay and collecting State Taxes?

READ my post #56, above. Quick answer = No.

But as they say, it's the camel's nose under the tent; IRS is no doubt getting ready to crack down on flea marketers, garage salers, and vest pocket dealers.

Our government is essentially BANKRUPT and it is desperate to collect any "overlooked" taxes or sources of income. Follow the money.

 

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Yeah, and they'll spend more money (than they'll actually net) trying to collect it with additional goober employees.

 

No problemo - the IRS will simply pull agents off the $50 million accounts and reassign them to lemonade stands, yard sales, and craft shows, and other significant sources of illicit income.

 

I did correct that in a later post.