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bigwindowjim · 10-28-2020, 04:11 PM

To all of you who don't know what the federal government has imposed on Paypal, if you sell more than 200 items and over $20K in sales, you will get a nastygram in the form of a 1099 from the IRS, so when the seller gets close to the limit for the year, the sellers sometimes add $500 to the price so IT DOES NOT SELL, and keeps the listing up. Rather than cancel the listing, and have to pay to list it again. You might want to re-think your comets.

10-28-2020, 04:11 PM	#19
bigwindowjim Junior Member Join Date: Dec 2014 Location: Central Wisconsin Posts: 22	Re: for sale listing of the day! To all of you who don't know what the federal government has imposed on Paypal, if you sell more than 200 items and over $20K in sales, you will get a nastygram in the form of a 1099 from the IRS, so when the seller gets close to the limit for the year, the sellers sometimes add $500 to the price so IT DOES NOT SELL, and keeps the listing up. Rather than cancel the listing, and have to pay to list it again. You might want to re-think your comets.