ttfitz

Totally ruins my mental image of the man... Guess it's like that bus driver I had back in school who was called Shorty and was about 6'5" (that's 1.95 meters for @Cat)

Dave Berry would be so proud.

Hey, here's a question for @mycomicshop sellers, and maybe Conan will chime in if he has any thoughts. I had 15 books I gave them in Baltimore last year for consignment, and 10 of them have sold. The other 5 are getting to the point that I were I would probably drop the price to get it listed as "new in stock". There's a Prime auction going on now, and I wonder if anyone has any thoughts on when a good time to drop the price might be. Last time, I dropped prices right after the auction ended, thinking maybe I wasn't the only one who looked thru the listings to add something to my auction winnings, but only 1 book sold around then. So, anyone have any thoughts on whether I should change now, change after the auction ends, or wait a few weeks?

Ah, perfect! If you have a problem, If no one else can help ...and if you can find them. Maybe you can hire, The A-Team.

I'm a bit surprised by this - my wife has two pensions, and they both have provisions to pay her beneficiary (me) if she dies before she starts collecting.

Yep - while I agree with the general point of this thread, as way too many people don't have enough insurance, it's also possible to have too much insurance, too. When it comes to life insurance, the question is "Is there anyone who depends on my income that will need support after I'm dead, and if so, how much?" If the answer to the first part is "no" you don't need life insurance. Similarly, for many years now we've had a high deductible health insurance policy - we only need insurance for two things, to get the negotiated rate, and to cover a large bill. We can pay for the small, everyday things - often times, with the money we save by having a high deductible policy.

Glad I read ahead before posting, I was going to say the same. Lots of fun in those ads.

I'm not sure about this, but my accountant mentioned something that sounded like being able to claim and write yourself off, as an employee, IF you incorporate. That costs a bit more than a typical business license, $500 or more IIRC. I'm not sure what difference that would even make. GOD BLESS ... Perhaps, but if you read what I was responding to he said as a "non-business" so I took it as that. Even then, what you would deduct from your business income would be what you, the employee, is paid at a salary - and then you'd have to pay taxes on that as part of your income.

I believe item number "2" is something that can be taken into account, but none of the rest, you are right.

Aw, man, beat me to it! (I had a notification while I was typing in mine...)

A good place to find stuff people have been reading is this thread: In regards to the book you read, I recently read an actual "new" series that references those characters - and more from that time frame - called Danger Street. I rather enjoyed it.

Yeah, their system bumps up the price on eBay in order to pay the fees and still get what you have it listed for on their site. I wish there was some way to let people know it's available for less on their own site, but that's probably against the eBay terms.

Once again, only if the items are sold as part of a business. Make note of the place on the page about selling personal items, where it says "If you sold a mix of personal items at a loss and a gain, report losses and gains separately."

Only if I am in the business of selling football game tickets. From https://www.irs.gov/businesses/what-to-do-with-form-1099-k

I think it's a little unfair to suggest that nobody here has suggested they didn't have to pay taxes before and that's why they are upset about this change in reporting. There's been any number of responses that have basically said something along those lines - a recent one was something like (and despite the quotation marks, this is a paraphrase) "with these new requirements, selling isn't worth it, as it's a lot less fun and less profitable." It would only be "less profitable" if you weren't paying taxes on your profits before this. Nothing has changed in regard to what is supposed to be paid, only what is being reported to the IRS by others. That said, I can also sympathize with people who feels this puts a lot of additional trouble in their lives with no actual change in revenue to the government. I am a season ticket holder for Va Tech football - Go Hokies! - and last year, our dog was dealing with cancer, so we ended up not going to any of the games and I sold our tickets on SeatGeek. Despite the threshold being raised, I was sent a 1099k from SeatGeek for the gross amount of my ticket sales. All of those were sold for a loss, but now I will have to report those sales on my taxes and also report that my profit was zero. So yeah, there are things about this that are a pain. It just doesn't change what your tax obligation is.