I could be mistaken, but possibly ebay charged the buyer with the effective tax rate where they live, then charged you with the effective tax rate where you live having conducted the sale. The...
Type: Posts; User: Randall Flagg
I could be mistaken, but possibly ebay charged the buyer with the effective tax rate where they live, then charged you with the effective tax rate where you live having conducted the sale. The...
That's ridiculous. It's ultimately going to be the downfall of ebay (although it will take some time to topple the "King").
Another reason I haven't sold on ebay in years.
Looks like the IRS is scrapping the $600 threshold for receiving a 1099K this tax year, and reverting back to the $20,000 and 200 transaction rule. Purportedly next year they will have a $5,000...
Ebay is best avoided when selling things. The seller has all the rights-even when they are obviously wrong. That combined with ridiculous fees, and (In the US) the taxable implications of each sale...
As far as I rememeber, I always asked and paid 4%.[/QUOTE]
It used to be 2.9% plus $0.29 (or $0.49)
Last night, someone in the US sent me $392.50...ebay took $11.74 leaving me with $380.76.
...
In general PP now charges 3.49% plus a nominal 49 cents per transaction.
I think most people round it up to 4% .
Eventually PP is going to get a F&F fee.
In fact, for international payments, it's...
Not ebay, but Bank of America.
Effective 8/20/2021 I can not write a check from any savings account.
What next, no checks from checking?
True.
Ouch
For the purposes of ebay, anyone who sells 200 or more items on ebay for a combined total of $20,000 or more will be issued a 1099-K.
Understanding your form 1099-K
Report the net income. Just because you were issued a 1099-K doesn't mean that it all was 100% profit.
What if any measures does ebay say they will implement if you don't provide the information?
That's odd. Of course try to dispute it.
Question for ebay veterans out there. I recently sold an item (medical supply). The buyer paid promptly and I promptly sent the item to the address the buyer provided on Paypal.
The auction was a...
I wouldn't fret at all. It sounds like you did everything properly.
Worry about Brexit, and the dissolution of the European union.
Waiting 30 days is more than reasonable on your part. Day 31 I would open a claim. It takes time for the claim process to happen, and if during that wait, the book arrives, you can always close the...
The burden is on him/her. Not sure how far you are in the dispute process, but if ebay approved the return and sent a shipping label, it is probably too late without actually speaking with an ebay...
Have him pp you the money.
Taxachusetts is just plain brutal.
Kris is (IMO) correct. Don't get emotional over a small transaction. Just give a refund upon return, trash the item, and move on. I know you are venting a bit, but your time is worth more than...