I saw this on a collecting Facebook group the other day, so figured it may interested some collectors here.

Apparently, at the moment, americans do not need to report to IRS sales when doing less than 200 a year, or worth less than 20K.
Apparently, next year, people would need to report sales when the annual sales would be $600 or less

Can anybody confirm or deny?


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NB : given I am french, I don't know whether it's true or not, but I'd say it's likely to be.
In France, we got something similar that came into place those past recent years. In theory, as an individual, we have to report all sales when totaling more than 350 usd per year.
And pay a 30% tax on those