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Old 10-28-2020, 04:25 PM   #20
Kube
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Join Date: May 2010
Location: Wisconsin, USA
Posts: 9,006
Default Re: for sale listing of the day!

Quote:
Originally Posted by bigwindowjim View Post
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.
So please explain why you would leave a ridiculous listing (by any sane calculation) up.
The only reason I have come to understand from your post is you are attempting to avoid a .35¢ fee?

If you don't want to exceed the $20k and 200 item thresholds, simply stop advertising. That's what I have been doing for a number of years. .
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