Anyone who earns $20,000 income should have to report it, no matter how it's earned. Waiters and Waitresses have to report their tips as income. I don't see the difference, except that a person who sells on eBay and receives payments through PayPal doesn't stand on his/her feet and carry heavy food trays as a waiter or waitress does. $20,000 in earnings indicates a person has an eBay business, which isn't the same thing as a person selling outgrown clothes or items sold after a home decluttering.

I don't know, have you ever seen Hoarders? Some of those people could make 20K in a yard sale...

This.

Technically even garage sale income is taxable. Virtually ANY income is considered taxable by the IRS. Granted, I doubt anyone ever reports this type of income. Any time anyone earns at least $600.00 or more lets say in contract wages, the payer is required to issue a 1099 for those wages. Just so you know....

Frankly, I am surprised that they placed the amount at $20,000. Many sellers will be fortunate there.

I agree with Born2Sew. I've always thought it wasn't fair that people didn't report "cash" income when they should.

I think this allows the casual seller to have a little extra$..but catches the ones who are truly running a business but haven't been paying their share.

I don't think it will effect many of the destashers on the board.

this is the way I read it also...we who only deal periodically or sell occasionally are not "dealers"....

when we first got the info about this happening it stated "OR" and I believe there was so much static from the garage sale type person that it was changed to "AND". Ebay would have taken a massive hit losing all the garage salers.
Another thing to think about is that with our economy people have been making ends meet by what they are doing instead of going out and robbing people / places. They need to put food on the table.

sandpat, I agree with your opinion whole heartedly. Millions of dollars have been made and not paid taxes. wrong on so many levels.
I started selling off the contents of a 20' storage locker and needed an outlet to do it that would work for me. I didn't ask for the hit & run accident that disabled me and stuck me in a life where I couldn't afford to buy decent food to eat. I felt I had the right to sell my property for food and meds. and warm clothing.
Thankfully the storage is now almost empty and I don't have to worry about the changes but I literally had to list vintage quilts and a ton of other vintage linens for barely nothing just to get it done this year because of the changes that they changed anyhow.

This doesn't surprise me and I expected it was coming.

The good news is that it isn't going to affect us who sell occasionally on E Bay.

I used to sell lots of small items but only in my dreams did I ever gross $20,000!

(Like others have said, if they made the cash they need to pay the tax.....)

don't we just LOVE our government changes? sigh. i just ignore them as best i can.