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New Bill Signed. New 1099 Rule for everyone selling online.


SVT THUNDER
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Just a heads up guys. Section 9674 of the American relief plan signed by joe Biden on Friday:
If you sell online and break $600 dollars in a year you will receive a 1099. Friends and family will not count but anything paid goods n services will.
As I understand it, this also means individual states will no longer have a higher or lower threshold. This is across the board. 

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