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  • Martin
    replied
    Originally posted by Marmaduke Grigsby View Post

    The 1099-K was from PayPal. You have to provide your SS# to them to use PayPal as a seller.
    I was unaware they required your SS# to receive payments on a sale through PayPal. That is interesting. So if the 1099 is coming from the entity handling the payment that simplifies things for eBay. Can you accept payments from other sources on an eBay sale? If you receive payment via Venmo will they also have your SS#?

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  • Marmaduke Grigsby
    replied
    Originally posted by Martin View Post

    How did eBay get your SS# to issue a 1099-K?
    The 1099-K was from PayPal. You have to provide your SS# to them to use PayPal as a seller.

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  • Martin
    replied
    Originally posted by Marmaduke Grigsby View Post
    Illinois reduced the threshold to $600 last year and I was unaware of it until I got a surprise 1099-K for in the mail from PayPal.

    I had to go back and try to itemize all of my purchases ad expenses, and fortunately I was able to accomplish that so I didn't have to pay taxes on my roughly $10,000 in PayPal funds received. The unfortunate part was that my wife then saw how much I spent on books and comics.

    I will now try to use eBay and PayPal a lot less, but it does hamper my selling ability to do that. It is a Catch 22.
    How did eBay get your SS# to issue a 1099-K?

    Leave a comment:


  • Marmaduke Grigsby
    replied
    Illinois reduced the threshold to $600 last year and I was unaware of it until I got a surprise 1099-K in the mail from PayPal.

    I had to go back and try to itemize all of my purchases and expenses, and fortunately I was able to accomplish that so I didn't have to pay taxes on my roughly $10,000 in PayPal funds received. The unfortunate part was that my wife then saw how much I spent on books and comics.

    I will now try to use eBay and PayPal a lot less, but it does hamper my selling ability to do that. It is a Catch 22.
    Last edited by Marmaduke Grigsby; 05-21-2021, 06:22 PM.

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  • Martin
    replied
    Originally posted by RonClinton View Post
    For those who haven’t heard, the tax-reporting threshold for seller funds transacted through eBay, et al will drop from this year’s $20,000 minimum to $600 next year. If you want to moderate any of that tax burden, be prepared to show your original purchase price for each and every item.

    I suspect this will take a lot of private-party aftermarket sellers out of the game...who wants to hassle with that? My selling days will be largely over. Best be prepared for a skimpy private-party aftermarket selection starting next year, which means more buyer competition and higher prices/auctions. Given that many of us get a large chunk of our books this way, the future looks rough for our hobby.
    I believe it will lead to a lot fewer listings on eBay and more sales from forums like this with 'Friends and Family' and other digital money transfers being used to pay. I also believe it will drive the eBay fees associated with selling up as they will be required to manage the income reporting.

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  • RonClinton
    replied
    For those who haven’t heard, the tax-reporting threshold for seller funds transacted through eBay, et al will drop from this year’s $20,000 minimum to $600 next year. If you want to moderate any of that tax burden, be prepared to show your original purchase price for each and every item.

    I suspect this will take a lot of private-party aftermarket sellers out of the game...who wants to hassle with that? My selling days will be largely over. Best be prepared for a skimpy private-party aftermarket selection starting next year, which means more buyer competition and higher prices/auctions. Given that many of us get a large chunk of our books this way, the future looks rough for our hobby.

    Leave a comment:


  • Martin
    replied
    Originally posted by Ben Staad View Post
    It's always a bummer when you have to pass on a book due to funds. I have a few pre-orders in that need to be paid for soon and I just don't want to use credit.
    I can sure relate to that.

    Leave a comment:


  • Ben Staad
    replied
    It's always a bummer when you have to pass on a book due to funds. I have a few pre-orders in that need to be paid for soon and I just don't want to use credit.

    Leave a comment:


  • mhatchett
    replied
    you might find some interesting Authors on this site. Bob Leman has a nice write up.
    http://desturmobed.blogspot.com/sear...&max-results=7

    Leave a comment:


  • Brian861
    replied
    Originally posted by Martin View Post

    I had some pretty good shots of the kids bikes and the abandoned restaurant prop. I also had crew working and some giant fans on the backs of semis that I am pretty sure they never had to use. It is windy up there about 360 days a year. I may still stumble upon them but I suspect they are gone.
    I know all about the wind lol

    Leave a comment:


  • Martin
    replied
    Originally posted by Brian861 View Post
    Still pretty cool looking. I can only image how good the original looked.
    I had some pretty good shots of the kids bikes and the abandoned restaurant prop. I also had crew working and some giant fans on the backs of semis that I am pretty sure they never had to use. It is windy up there about 360 days a year. I may still stumble upon them but I suspect they are gone.

    Leave a comment:


  • Brian861
    replied
    Still pretty cool looking. I can only image how good the original looked.

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  • Martin
    replied
    Originally posted by Brian861 View Post

    Sounds good. Looking forward to it.
    I believe this is the only remaining photo from the set of Goonies and it is a scan of a weathered print.
    Goonies.JPG

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  • Brian861
    replied
    Originally posted by Martin View Post

    Many are lost and most that remain are on ektachrome slides. I am planning to have the slides converted to digital at some point and I can share them at that time. The bad news is that the slides from the time I stumbled on the filming of Goonies appear to be lost. Boy, I wish I still had those. I also still have a pretty good collection of Cokin slides. Once I get an adapter to allow them to fit the current camera I will get more creative.

    I do have a personal website. it is currently fully dedicated to my wife. At some point I will probably start sharing both old and new photos there.
    Sounds good. Looking forward to it.

    Leave a comment:


  • Martin
    replied
    Originally posted by Brian861 View Post

    I'd love to see them if you have a way of sharing.
    Many are lost and most that remain are on ektachrome slides. I am planning to have the slides converted to digital at some point and I can share them at that time. The bad news is that the slides from the time I stumbled on the filming of Goonies appear to be lost. Boy, I wish I still had those. I also still have a pretty good collection of Cokin slides. Once I get an adapter to allow them to fit the current camera I will get more creative.

    I do have a personal website. it is currently fully dedicated to my wife. At some point I will probably start sharing both old and new photos there.

    Leave a comment:

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