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I’ve never heard of health insurance from the Marketplace. What is that?
The other little money I made was from selling a few personal belongings on FB Mrktplace like a JBL Speaker, an American Flag, and two pieces of artwork that I bought prints and had them matted n framed. Those sold on Ebay for like $1,100 & $800.
Is there a way to unsubscribe from all the badges emails only? They are ridiculous w/ these things. I’ve gotten like 20 emails just about badges earned. Its ridiculous!! I hit unsubscribe on one of them, but I’m worried I won’t be notified if someone responds to my messages.
@kinetickutz - alot to unpack here.
1) on the personal items: if you sold them for less than you originally purchased them for, then that is not reportable on your income tax form. If you sold them for more than you orignally purcashed them for that PROFIT needs to be reported.
2) on the items you purcashed (the artwork), and then sold on Ebay, the PROFIT needs to be reported.
if the PROFIT on the items noted above exceeds $400, then you must file a tax return. That PROFIT is subject to a 15.3% self-employment tax (bascially it is Medicare and Social Security tax). If the PROFIT (if 2022) exceeds $12950, there would be "income tax" (which is separate from the self-employment tax)
does that help?
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