I keep hearing about this federal sportfishing tax. Some people say you need to charge and pay it in order to sell lures on line as a business. However, ebay says you can sell up to $20,000.00 worth of items before they will send you a 1099 form. Can anyone give me more info on this? Everything I find on line is either to hard to understand or not very informative. All I want to do is open an ebay store as a hobby. Does anyone have any suggestions?
Thank you, Jay