View Single Post
Old 03-17-2011, 09:40 PM
  #38  
JoanneS
Super Member
 
Join Date: Mar 2008
Location: AZ and CT
Posts: 4,898
Default

Originally Posted by quilting cat
I prefer not to sell for paypal because I don't know how to get the money out other than to spend it through pp!
Small transactions like many of ours shouldn't be taxable. We're not making any profit selling property for 60% retail!
Do they want to tax what we "earn" having a yard sale?
Yard sales usually aren't taxable, because you're selling for less than the original purchase price - thus not making a profit. Ditto when you sell a car.
JoanneS is offline