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stopdiggin

(15,640 posts)
17. the answer is right there
Sun Jul 27, 2025, 02:57 PM
Jul 2025

income, above a certain thresh hold, is supposed to be taxable. Do you disagree with this basic premise? And, yes - reporting is necessary to come to any kind of fair determination of what that tax ought to be. How else? Ebay (as an example) already has these figures readily available and at their finger tips ... So why not .. ?

My term(s) 'casual' and 'common sense' (although maybe not the best wording) were offered to describe things (as offered in previous post) such as an 'occasional' baby sitting job - or maybe the $5-10 dollars you got for turning in your bottles and cans at the recycling center - the 5er somebody handed you when you helped jump their car in the parking lot. On the other hand - if that same teenager is actually a hired nanny/au-pair - and as a result is making some standard (and predictable) wage? - then that is obviously something that should be reported. Same thing with the guy (or girl) that is (routinely) doing your yard - for an agreed upon sum/wage. (and doing the same for others, six days a week) That's reportable income. And should be.

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I'm not sure if I agree this is 'a good thing' stopdiggin Jul 2025 #1
OK TnDem Jul 2025 #2
OK. As I said - arguments ... stopdiggin Jul 2025 #6
Uh, no TnDem Jul 2025 #7
YOU may be talking about 'small time Ebay seller' - I was fairly specific, in each of my posts, stopdiggin Jul 2025 #8
it depends on... TnDem Jul 2025 #9
100% agree with you. Taxes disproportionately affecting low income earners need to go. harumph Jul 2025 #14
the answer (from here) is, 'Yes'. I do think that income (if it exceeds a certain 'casual' amount) stopdiggin Jul 2025 #15
If not taxed, then why report? TnDem Jul 2025 #16
the answer is right there stopdiggin Jul 2025 #17
So, an "occasional" sale? TnDem Jul 2025 #18
if the 'occasional' sale - is netting greater than 20 thousand a year .... stopdiggin Jul 2025 #19
Confer your arguements to the billionaires with fleets of lawyers TnDem Jul 2025 #20
NO! Because I do not buy into the premise stopdiggin Jul 2025 #21
Depends on what the law says to do TnDem Jul 2025 #24
Word had it was going to be $600 but so glad it's back to $20k vapor2 Jul 2025 #3
I've always thought taxes on used items was bs Polybius Jul 2025 #5
Great news Polybius Jul 2025 #4
people conflate income reporting with actually paying taxes on that income. uncle ray Jul 2025 #10
What other vendors? TnDem Jul 2025 #11
that answer is in the link you posted. uncle ray Jul 2025 #12
Your opinion of what's reasonable TnDem Jul 2025 #13
"Something good"? GenThePerservering Jul 2025 #22
True, but TnDem Jul 2025 #23
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