If you clicked through to this article, you probably fall into one of two groups: either you sell your used goods on sites like eBay and Craigslist every once in a while or you conduct multiple sales per day as a way to boost your income. In both cases, it’s possible that a portion of the money you make needs to be declared for income tax, especially if you fall into the latter group — but even one-off sales may count. Not reporting could lead to an IRS audit for tax fraud. Here’s a crash course on when you need…
Read the full article: Yes, You Need to Pay Taxes on eBay & Craigslist Sales
