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Claiming the Standard Deduction is easier, because you don’t have to keep track of expenses. The 2024 Standard Deduction is $14,600 for taxpayers filing as Single or Married Filing Separately ($21,900 if you’re filing as Head of Household), $29,200 for taxpayers filing as Married filing Jointly, and slightly more if you’re over 65.

sandra

04-29-2025 01:50 PM

Re: Etsy

Is that for 1099 . Thx

SaiJin

04-29-2025 03:58 PM

Re: Etsy

Quote:

Originally Posted by sandra (Post 1256499)

Trump quietly past the tax threshold selling in 2025 to
$2500. Online. So pissed.

It's not Trump the plan as always been state by state they start from 2500 then they go down to 600

agent006140

04-29-2025 05:49 PM

Re: Etsy

Quote:

Originally Posted by sandra (Post 1256812)

Is that for 1099 . Thx

You get a 1099 from Ebay,Etsy,AMZN ,dunno about Mercari .
One copy comes to you and one goes to IRS and it will add it to your SSN account.
$600 is ridiculous,IRS computer will run over time to just add them to our account.

SaiJin

04-29-2025 05:54 PM

Re: Etsy

Quote:

Originally Posted by agent006140 (Post 1256825)

Mercari is the same thing

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