@theo
In that scenario, you would not owe income tax. Even if you go over the threshold for receiving a 1099, it does not necessarily mean you owe taxes on anything. It depends on the situation. If you operate on ebay as a business, then you might. Or if you sell something that significantly appreciated in value during the time you owned it, you might owe tax on the appreciated value. That's the way I understand it.
In that scenario, you would not owe income tax. Even if you go over the threshold for receiving a 1099, it does not necessarily mean you owe taxes on anything. It depends on the situation. If you operate on ebay as a business, then you might. Or if you sell something that significantly appreciated in value during the time you owned it, you might owe tax on the appreciated value. That's the way I understand it.