- "It is not a sales tax issue but the linking (routing number & account number) of my Bank Account with my eBay account."
Okay, I just went onto my eBay account. They requested that I supply my bank account number and THE LAST FOUR DIGITS OF MY SS#. This was so they could pay me for what I sell, and also charge me the eBay fees, if any. They already had my bank information through my PayPal account.
I'm not registered with eBay as a business, so there shouldn't be any 1099s. Unless tax laws have changed over time, there are no federal taxes due on hobby items bought and sold.
Another thought ... On federal taxes; why isn't an allowance given for inflation? In other words, If I bought a MacIntosh amp in 1969 for $300, and sold it today for $1000, I should be able to calculate the purchasing power of $1000 today vs the $300 in 1969 dollars and pay taxes on the difference, if indeed there is any true gain.
All the more reason to abolish the 16th Amendment and go with a simple end-user federal sales tax.
Frank