Do you make money selling stuff on eBay or PayPal? The IRS says it’s saving you a tax headache — for now

by user

The Internal Revenue Service is delaying a tax-reporting rule that would have required payment platforms including eBay and PayPal to send out scores of potentially confusing tax forms to their users.

For a second straight year, the federal tax collector is holding off on implementing a rule that would have required certain payment platforms to send tax forms to platform users who got at least $600 for the sale of goods and services.


Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.

Subscribe Now

Source link

Related Posts

Leave a Review

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy