Does the IRS,monitor ebay Sellers?

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Does the IRS,monitor ebay Sellers?

is there any kind of regulation in regards to making money on ebay?

2006-09-29 05:17:46 · 3 answers · asked by lexhome05 2 in Politics & Government ➔ Law & Ethics

3 answers

Everything is computerized, they match your income for your SSN# to the sales, tax collected by eBay. And then to the income tax return you file.

2006-09-29 05:19:10 · answer #1 · answered by god knows and sees else Yahoo 6 · 1⤊ 0⤋

ya dam skippy its taxed....and if it crosses a state line, well talk to your state, if it crosses a county line , and so on so on so on
Gubermit is da best way to make the pimp dawg monies.

2006-09-29 05:28:23 · answer #2 · answered by Anonymous · 0⤊ 0⤋

If theyhave your SS # then yes,I am sure they can.

2006-09-29 05:25:17 · answer #3 · answered by Holly 3 · 0⤊ 0⤋