Technically yes, but if sales are minimal, the IRS isn't going to notice. If you're making hundreds or even thousands of dollars in sales, then you definitely need to pay taxes.
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Contact your local IRS office directly and give them the information. Fuck you ass hole
Yes.
The purpose of the Internal Revenue Service (IRS) form 706, is to report the income of an individual, the so-called tax return. The form can be downloaded from the IRS website.
Yes, Big Cartel reports sales to the IRS for tax purposes.
No. The DMV has no idea what you paid for it or sold it for, so they have no amount to report to the IRS.
No, the IRS does not report taxpayer information to credit bureaus.
It is not illegal. But you MUST report any and all sales to the government and report everything on your taxes.
As a rule of thumb you should never report anything to the IRS
Yes, employers are required to report 1099 forms to the IRS.
No, the IRS does not report taxpayer information to credit bureaus.
For the most part, eBay does not keep track of sales records and does not submit information to the IRS. Certain states, however, enforce taxes on interstate Internet sales while others enforce taxes on intrastate Internet sales. It is always best to check with your local state laws concerning online sales.
No, credit card companies do not report cash payments to the IRS.
Technically yes, but if sales are minimal, the IRS isn't going to notice. If you're making hundreds or even thousands of dollars in sales, then you definitely need to pay taxes.
Yes, car dealerships are required to report their financial transactions to the IRS for tax purposes.
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