ShokWaveRider
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I have been downsizing our stash of STUFF this year and using PayPal to get paid. It has all been fine with minimal hiccups.
Being an Engineer (Electronic) I have accumulated a lot of electronic of items over the years like Professional Remotes, Transmitters, RF Equipment, Cameras, Home Theater components and household items. This year we have sold quite a bit. Nowhere near the $20k ceiling for PayPal to sent a 1099, but quite a bit for us.
I was wondering if it was taxable and should be declared.
anyone else been downsizing and sold a bunch of stuff.
Being an Engineer (Electronic) I have accumulated a lot of electronic of items over the years like Professional Remotes, Transmitters, RF Equipment, Cameras, Home Theater components and household items. This year we have sold quite a bit. Nowhere near the $20k ceiling for PayPal to sent a 1099, but quite a bit for us.
I was wondering if it was taxable and should be declared.
anyone else been downsizing and sold a bunch of stuff.