@kdevere , can you please clarify your statement: "... if you sell a bicycle that you paid $500 for two years ago for $350 on eBay, you usually don't have to notify the IRS"? Assuming the payment was via Venmo, PayPal, etc., and you had other similar payments of the course of 2022 totaling >$600, wouldn't the IRS in essence be notified of that $350 bike sale and now be looking at it as income?
