Laura Saunders

speaker
5,937 appearances 109 recordings 1 series first heard Jul 2017 last heard Nov 2024

Laura Saunders’s voice in public audio — every appearance, attributed to the second.

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Appearances

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I did.
There's a form for that, and the form is Form 4868.
You can have until October 15th to file your taxes, but the extension to file is not an extension to pay.
You must pay what you owe by the April due date, which is April 15th for most people.
And if you don't, you'll have interest and maybe penalties, and sometimes those penalties can be quite high.
There's Venmo, PayPal, Airbnb, Poshmark, eBay. matched
If it's income, they want it reported. matched
Let's say you sold a Taylor Swift ticket that you acquired for $250 for $1,000. matched
That's taxable income. matched
And so the IRS wants to hear from StubHub or Ticketmaster or whatever platform you used about these sales. matched
Oh, we're talking about a lot of these platforms. matched
There's Venmo, PayPal, Airbnb, Poshmark, eBay, Ticketmaster, StubHub. matched
If it's income, they want it reported. matched
There's a lot of nuance here. matched
Let's say you sold a Taylor Swift ticket that you acquired for $250 for $1,000. matched
That's taxable income. matched
And so the IRS wants to hear from StubHub or Ticketmaster or whatever platform you used about these sales. matched
You really should report the income anyway yourself, but this is kind of a check. matched
Now, on the other hand, people don't always owe tax. matched
What if you're cleaning out your closet? matched
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