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FatherofZeus t1_iudlauv wrote

Yes, you still had to track. You just didn’t do it. Luckily the IRS is short staffed and you’ll never get dinged for it

>It is a common misconception that if a taxpayer does not receive a Form 1099-MISC or if the income is under $600 per payer, the income is not taxable. There is no minimum amount that a taxpayer may exclude from gross income

https://www.irs.gov/pub/irs-news/fs-07-26.pdf

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Affectionate-Bit-240 t1_iudtc5b wrote

Thank you for the link, but I’m not selling this for income. I bought a $40 sweatshirt in the 90s & selling it for $10 shipped.

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FatherofZeus t1_iudx2ij wrote

You don’t get it. At all.

You need to talk with a tax advisor because you are oblivious

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