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A client once paid me 2000 euros and PP wanted documents, which I did not have. So they froze my account for a couple of years. Then all of a sudden I got a mail saying that my account was unfrozen and I could use it again
I hate PP, only use it for selling/buying used software licenses...
Merely signing in on their site sucks, they always send me a text message with a code just for logging in.
Yep, that's what it is going back to for me as well. And barter. I will not pay tax on a single item a dozen times. And I will not call something I SPENT MY INCOME THAT I WAS ALREADY TAXED ON and then later sold at a loss income, either. They can stick it. It is NOT income. Generally speaking, I will be buying much less and selling almost nothing in the future.
Yep, that's what it is going back to for me as well. And barter. I will not pay tax on a single item a dozen times. And I will not call something I SPENT MY INCOME THAT I WAS ALREADY TAXED ON and then later sold at a loss income, either. They can stick it. Generally speaking, I will be buying much less and selling almost nothing in the future.
We keep giving and the Government socialist spenders sits in their ivory towers how to get more of our money. Then they grow rich with insider trading and taking billions from foreign enemies to influence them. Nice set up for them. They love to spend our money yet they make a way to get our money from us.
Save your receipts, you’ll be able to deduct the cost, including taxes, minus depreciation from your sale. I’m sorry, I have no issue with this. Pawn shops and consignment stores that are brick and mortar have had to pay those taxes and you are unfair competition.
You don't even really need receipts. It's not a bad idea to keep the supporting documentation, in fact it's a good idea, but what the IRS wants to see is a form. What they rarely will want is some kind of record that shows income and expenses. The only time they're ever going to want a box of receipts is if they're pretty damn sure that the records are being cooked. E.g., if you say you sold a Casio watch for 18,000 and you bought it for 20,000. If you just state you bought an old Omega in 2007 for 600 and sold it in 2022 for 1,000 they're not going to ask for a receipt. If you bought and sold hundreds of things they might start looking for receipts if the numbers look fishy. E.g. if someone is grossing 10 million a year in sales and claiming they're selling everything at a loss that's pretty fishy. I mean, they could be but not likely.
Man, you people still don't get it. Even after it has been posted a million times here on various threads. The biggest complaint here is unnecessary time and money being wasted on the documentation and submission of paperwork for something that should never have required that red tape in the first place. It's like the government requiring you to submit and "bathroom log" for all time spent in the bathroom taking a whiz or ****. It's ridiculous busy work that serves no purpose but to employ a bunch of unnecessary wokes at the IRS looking to screw those deplorables that believe in individual liberty and/or those who don't want to be taxed half a dozen times on the same items.
“you must spread some reputation around before giving it to ChrisC again.”
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