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Old 08-20-2022, 06:37 PM
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Formulabruce Formulabruce is offline
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Join Date: Nov 2004
Location: North East of AMES PERFORMANCE, in the "SHIRE"
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Exposure is there, but the price should reflect
1. Value
2. Say 14% Ebay SELLER fees
3. Say 0% Buyer premium
4. Say Federal tax at 25% ( varies on your bracket)
On an item that has ALREADY been taxed
5. Packing/ shipping.
Count on prices being 40% more than they are actually
Worth.
IF you have a business already you can deduct expenses, if a hobbyist, you loose.
With the new doubled IRS I expect them trying to get rid of cash exchanges of goods.

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