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I fail to understand how you can owe taxes on something you already paid
for with income left over after paying fed and state income taxes. For
example: Say I have some NOS oil filters that I picked up from TRF years
ago but decided to sell the car and I no longer need them. So I decide
to sell them for whatever I can get. How is paying say 10$ for the
original filter and then selling it for 5$ income?
Earlier in the Fall I sold a few tools I will never use again because my
restoration days are over. They went for about 25% of their current value.
Also; say you sell a used car in a private deal. How can that be income?
I sold a motor cycle and a used car a few years ago. The buyer has to
pay sales tax when they registered them but this is not income.
Bob
On 1/31/21 3:26 PM, Thomas FitzGibbon wrote:
> "Fisrt off it is ILLEGAL to have any company require your SS number
> for ident."
> If I am not mistaken, ebay is NOT requiring SSNs as a form of
> identification. I believe I read an article recently that says the
> IRS is cracking down on them and requiring them to report on
> transactions so the IRS can assess taxes that are due (much like when
> a company sends a form 1099 to contract workers). That does require a
> SSN or other TIN be provided.
>> On 01/31/2021 12:35 PM dave <dave@ranteer.com> wrote:
>>
>> Its for sellers, not buyers. But they are eliminating paypal as an
>> option
>>
>> *From:* Triumphs <triumphs-bounces@autox.team.net> *On Behalf Of *Rye
>> Livingston
>> *Sent:* Sunday, January 31, 2021 9:59 AM
>> *To:* John Linney <john@linneyweb.com>
>> *Cc:* triumphs@autox.team.net
>> *Subject:* Re: [TR] eBay
>>
>> Yes I agree, something isnâ??t right here. Â eBay is not going to ask
>> for a SSN number to buy something any more than the local grocery store.
>>
>> Rye
>>
>>
>>
>> On Jan 31, 2021, at 7:46 AM, John Linney <john@linneyweb.com
>>
>> The SSN is only needed if you are setup as a seller so they can
>> report income as required by the IRS. Itâ??s no different to
>> becoming an Amazon seller. The SSN is provided on a government W9
>> form. Any other reason or form of request may be a phishing scam.
>>
>> On Jan 31, 2021, at 7:26 AM, Paul Tegler <ptegler@verizon.net
>>
>> �hadn't heard that yet.
>>
>> Fisrt off it is ILLEGAL to have any company require your SS
>> number for ident. Even hospitals etc can not legally require
>> you supply that info.
>> BTDT� way too many times. Your SS is NOT ana 'national
>> ident' number. Bt Fed law it is ONLY a SS usage number.� I
>> work for DoD and they even changed over a couple years back
>> from using your SS to having full up employee numbers.
>>
>> ptegler
>>
>> On 1/31/2021 5:37 AM, dave wrote:
>>
>> eBay is requiring a bank account and a social security
>> number.� i'm done.
>>
>> �
>>
>> what other avenues are available for buying and selling?
>>
>>
>>
>>
>>
>>
>> Donate:http://www.team.net/donate.html
>>
>> Archive:http://www.team.net/pipermail/triumphs
>> http://www.team.net/archive
>>
>>
>>
>>
>> Unsubscribe/Manage:http://autox.team.net/mailman/options/triumphs/ptegler@verizon.net
>>
>> --
>>
>> Paul Tegler
>>
>>
>>
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>>
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>>
>>
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>>
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>>
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>
> ** triumphs@autox.team.net **
>
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<p>I fail to understand how you can owe taxes on something you
already paid for with income left over after paying fed and state
income taxes. For example: Say I have some NOS oil filters that I
picked up from TRF years ago but decided to sell the car and I no
longer need them. So I decide to sell them for whatever I can get.
How is paying say 10$ for the original filter and then selling it
for 5$ income?</p>
<p>Earlier in the Fall I sold a few tools I will never use again
because my restoration days are over. They went for about 25% of
their current value. </p>
<p>Also; say you sell a used car in a private deal. How can that be
income? I sold a motor cycle and a used car a few years ago. The
buyer has to pay sales tax when they registered them but this is
not income.</p>
<p>Bob<br>
</p>
<div class="moz-cite-prefix">On 1/31/21 3:26 PM, Thomas FitzGibbon
wrote:<br>
</div>
<blockquote type="cite"
cite="mid:261261409.298103.1612124795329@connect.xfinity.com">
<meta http-equiv="content-type" content="text/html; charset=UTF-8">
<meta charset="UTF-8">
<div style="font-size: 12pt; font-family:
helvetica,arial,sans-serif; color: #333333;"> <span
style="font-family: helvetica; font-size: 12pt;">"Fisrt off it
is ILLEGAL to have any company require your SS number for
ident."</span> </div>
<div style="font-size: 12pt; font-family:
helvetica,arial,sans-serif; color: #333333;"> Â </div>
<div style="font-size: 12pt; font-family:
helvetica,arial,sans-serif; color: #333333;"> <span
style="font-family: helvetica; font-size: 12pt;">If I am not
mistaken, ebay is NOT requiring SSNs as a form of
identification. I believe I read an article recently that
says the IRS is cracking down on them and requiring them to
report on transactions so the IRS can assess taxes that are
due (much like when a company sends a form 1099 to contract
workers). That does require a SSN or other TIN be provided.</span>
</div>
<blockquote type="cite">
<div> On 01/31/2021 12:35 PM dave <a class="moz-txt-link-rfc2396E"
href="mailto:dave@ranteer.com";><dave@ranteer.com></a>
wrote: </div>
<div> Â </div>
<div> Â </div>
<div class="WordSection1">
<p class="MsoNormal">Its for sellers, not buyers. But they
are eliminating paypal as an option</p>
<p class="MsoNormal">Â </p>
<div>
<div style="border: none; border-top: solid #E1E1E1 1.0pt;
padding: 3.0pt 0in 0in 0in;">
<p class="MsoNormal"><strong>From:</strong> Triumphs
<a class="moz-txt-link-rfc2396E"
href="mailto:triumphs-bounces@autox.team.net";><triumphs-bounces@autox.team.net></a>
<strong>On
Behalf Of </strong>Rye Livingston<br>
<strong>Sent:</strong> Sunday, January 31, 2021 9:59 AM<br>
<strong>To:</strong> John Linney
<a class="moz-txt-link-rfc2396E"
href="mailto:john@linneyweb.com";><john@linneyweb.com></a><br>
<strong>Cc:</strong> <a class="moz-txt-link-abbreviated"
href="mailto:triumphs@autox.team.net";>triumphs@autox.team.net</a><br>
<strong>Subject:</strong> Re: [TR] eBay</p>
</div>
</div>
<p class="MsoNormal">Â </p>
<p class="MsoNormal">Yes I agree, something isnâ??t right here.
 eBay is not going to ask for a SSN number to buy something
any more than the local grocery store. Â </p>
<div>
<p class="MsoNormal">Â </p>
</div>
<div>
<p class="MsoNormal">Rye</p>
</div>
<div>
<p class="MsoNormal">Â </p>
</div>
<div>
<p class="MsoNormal">Â </p>
</div>
<div>
<p class="MsoNormal">Â </p>
<div>
<p class="MsoNormal"><br>
<br>
</p>
<blockquote>
<div>
<p class="MsoNormal">On Jan 31, 2021, at 7:46 AM, John
Linney <<a href="mailto:john@linneyweb.com";
moz-do-not-send="true">john@linneyweb.com</a>>
wrote:</p>
</div>
<p class="MsoNormal">Â </p>
<div>
<div>
<p class="MsoNormal"><span style="font-size: 9.0pt;
font-family: 'Helvetica',sans-serif;">The SSN is
only needed if you are setup as a seller so they
can report income as required by the IRS. Itâ??s
no different to becoming an Amazon seller. The
SSN is provided on a government W9 form. Any
other reason or form of request may be a
phishing scam.</span></p>
</div>
<div>
<p class="MsoNormal"><span style="font-size: 9.0pt;
font-family: 'Helvetica',sans-serif;">Â </span></p>
</div>
<div>
<p class="MsoNormal"><span style="font-size: 9.0pt;
font-family: 'Helvetica',sans-serif;">Â </span></p>
</div>
<div>
<blockquote>
<p class="MsoNormal" style="margin-bottom:
12.0pt;"><span style="font-size: 9.0pt;
font-family: 'Helvetica',sans-serif;">On Jan
31, 2021, at 7:26 AM, Paul Tegler <<a
href="mailto:ptegler@verizon.net";
moz-do-not-send="true">ptegler@verizon.net</a>>
wrote:</span></p>
</blockquote>
</div>
<blockquote>
<div>
<p class="MsoNormal">Â </p>
<p class="MsoNormal" style="mso-margin-top-alt:
auto; mso-margin-bottom-alt: auto;"><span
style="font-size: 9.0pt; font-family:
'Helvetica',sans-serif;">�hadn't heard that
yet.</span></p>
<p class="MsoNormal" style="mso-margin-top-alt:
auto; mso-margin-bottom-alt: auto;"><span
style="font-size: 9.0pt; font-family:
'Helvetica',sans-serif;">Fisrt off it is
ILLEGAL to have any company require your SS
number for ident. Even hospitals etc can not
legally require you supply that info.<br>
BTDT� way too many times. Your SS is NOT ana
'national ident' number. Bt Fed law it is ONLY
a SS usage number.� I work for DoD and they
even changed over a couple years back from
using your SS to having full up employee
numbers.<span
class="apple-converted-space">Â </span></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:
auto; mso-margin-bottom-alt: auto;"><span
style="font-size: 9.0pt; font-family:
'Helvetica',sans-serif;">ptegler</span></p>
<p class="MsoNormal" style="mso-margin-top-alt:
auto; mso-margin-bottom-alt: auto;"><span
style="font-size: 9.0pt; font-family:
'Helvetica',sans-serif;">Â </span></p>
<div>
<p class="MsoNormal"><span style="font-size:
9.0pt; font-family: 'Helvetica',sans-serif;">On
1/31/2021 5:37 AM, dave wrote:</span></p>
</div>
<blockquote>
<div>
<p class="MsoNormal">eBay is requiring a bank
account and a social security number.� i'm
done.</p>
</div>
<div>
<p class="MsoNormal">�</p>
</div>
<div>
<p class="MsoNormal">what other avenues are
available for buying and selling?</p>
</div>
<p class="MsoNormal"><span style="font-size:
9.0pt; font-family: 'Helvetica',sans-serif;"><br>
<br>
</span></p>
<pre>** <a href="mailto:triumphs@autox.team.net";
moz-do-not-send="true">triumphs@autox.team.net</a> **</pre>
<pre>Â </pre>
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<pre>-- </pre>
<pre>Paul Tegler</pre>
<pre><a href="mailto:ptegler@verizon.net";
moz-do-not-send="true">ptegler@verizon.net</a>Â <a
href="http://www.teglerizer.com/";
moz-do-not-send="true">www.teglerizer.com</a></pre>
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