Originally Posted by rickpaulos

We had a discussion going on another forum (until it got hacked) about how the IRS reporting rules changes would affect the number of ebay listings.
ebay is under IRS directive to report annual sales exceeding $600 per seller. Was to go into effect for the 2022 tax year but was delayed a year.
Would part time sellers quit if they knew the IRS was informed of a persons sales figures and could be subject to extra taxes or an audit?
Would some quit because of the extra paper work needed to deduct expenses to reduce the taxes?