Gooden Uggla wrote:
One of the most interesting facts I've received is that the Lab was supposed to start notifying US residents 2 years ago to expect this new tax rule to take effect in 2013, yet the Lab waited until 45 days from the deadline to notify the effected residents.
We don't even have the chance to change our lindex usage patterns to fall beneath the reporting guidelines because the Lab chose not to follow the IRS policy. That's the part that galls me the most, I could have easily sold on the lindex less than 16 times a month, but I was never given the chance.
The collossal incompetence is stunning in it's immensity.
So you just need to make under 16 lindex transactions a month to stay under the radar?
What other stats does the lab use to see if you fall under the reporting guidelines? Do they track your marketplace earnings for an example?