Have you ever sold anything on eBay? Be it a grilled cheese sandwich with the image of the Virgin Mary, your ex-girlfriend’s wedding dress with you in it, or your unwashed underwear, the IRS may want its cut. Nothing is beneath the IRS. And that is why the eBay community is all a’tizzy - because the IRS has said that eBay sellers may have to pay taxes on the money which they make selling items on eBay.

Now, the good news is that the IRS really only wants to tax people who use eBay selling as a form of business. The bad news is that what qualifies one as “running a business” through eBay, for IRS tax purposes, isn’t entirely clear. But here are some general rules of thumb…

[If You Sell Anything on eBay, the IRS Tax Man May Cometh, Continued]