[TR] eBay

[Bob]

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 at ranteer.com> wrote:
>>
>> Its for sellers, not buyers.  But they are eliminating paypal as an 
>> option
>>
>> *From:* Triumphs <triumphs-bounces at autox.team.net> *On Behalf Of *Rye 
>> Livingston
>> *Sent:* Sunday, January 31, 2021 9:59 AM
>> *To:* John Linney <john at linneyweb.com>
>> *Cc:* triumphs at autox.team.net
>> *Subject:* Re: [TR] eBay
>>
>> Yes I agree, something isn’t right here.  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 at linneyweb.com
>>     <mailto:john at linneyweb.com>> wrote:
>>
>>     The SSN is only needed if you are setup as a seller so they can
>>     report income as required by the IRS. It’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 at verizon.net
>>         <mailto:ptegler at verizon.net>> wrote:
>>
>>         �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?
>>
>>
>>
>>             **triumphs at autox.team.net  <mailto:triumphs at autox.team.net>  **
>>
>>               
>>
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>>
>>         Paul Tegler
>>
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>>
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