Language Selection

English French German Italian Portuguese Spanish

IRS may consider eBay sales taxable income

Filed under
Web

Hawking baby and children's clothes - along with some garage sale and thrift store bargains - on eBay helps Sunni Wojnarowsky bring in some extra money so she can afford to stay home with her two young boys. The additional dollars are great, but does she really need to hassle with the paperwork and report her small profit to the Internal Revenue Service? Her question, posed to the online auction site's discussion board for sellers, generated much advice - and more confusion.

In tax law, there is no clear, bright line that separates fun from profit, or a hobby from a business. But IRS instructions make it clear that all income - a category that includes bribes, gambling winnings, kickbacks and money made in illegal activities - can be taxed.

"You can't get an answer from anybody," Wojnarowsky said in an interview from her home in Brunswick, Ohio. "It would be nice to have a straightforward answer of yes, you file taxes, or no, you don't."

More than 135 million people have registered to use the auction site that calls itself "the world's online marketplace." Buyers bought more than $34 billion worth of merchandise there last year.

Some people make money by cleaning out items from their closets; others use the site to run small businesses.

"When you're working on the Internet, it's kind of a gray issue," said Bart Fooden, a certified public accountant in Woodbury, N.Y., who advises small businesses and individuals. "The big issue is whether you're doing it as a business or not."

Full Story.

More in Tux Machines

OpenMandriva 2014.2 and openSUSE 42

Today in Linux news Kate Lebedeff announced the release of OpenMandriva Lx 2014.2, a major update to 2014.1 released September 2014 and the first to support UEFI. In other news, Douglas DeMaio announced openSUSE 42, the next release of the gecko emblazoned Linux due in November. Elsewhere, Jack Germain reviewed Makulu 9 Aero and Alap Naik Desai reported Friday Microsoft hinted at a Linux OS at Microsoft Ignite in Chicago last month. Read more

Linux as a lifestyle

I'm not going to lie to you, my transformation was not easy. It was a slow and painful process. But after I finished it, it felt like nothing before. Thanks to my stubbornness, I was able to truly embrace open source in my life. I gave some minor contributions to some of the worldly-known open source projects like Reddit and the Tor Project. I'm constantly writing about my open source experience on my blog. I started contributing to Opensource.com and to free software magazine written in Serbian language. I even became a guest blogger to a couple of blogs related to open source and IT in general. Read more

Plasma 5.3.2 Fixes Your Shutdown Scripts

Tuesday, 30 June 2015. Today KDE releases a bugfix update to Plasma 5, versioned 5.3.2. Plasma 5.3 was released in April with many feature refinements and new modules to complete the desktop experience. Read more More KDE:

  • KStars GSoC 2015 Project
    This year marks my first year as a Google Summer of Code (GSoC) mentor, and it has been an exciting experience thus far. I have been a KStars developer for the last 12 years and it is amazing what KStars has accomplished in all those years.
  • Interview with Livio Fania
    Krita is by far the most complete digital painting tool developed on Linux.
  • GSoC Midterm Update

StackEngine's Boyd Hemphill: How Docker is Changing DevOps

“Docker is Linux containers for mere mortals,” Boyd Hemphill is fond of saying. The Director of Evangelism at container application management startup StackEngine organizes Docker Austin meetups, DevOps Days Austin and Container Days events. He has recently given a number of Docker 101 workshops around the country aimed at introducing DevOps professionals to the business advantages of embracing containers and the disposable development environments that they enable. Read more