I think the thing most people are failing to realize with this change is that the average taxpayer was always required to claim any income you make over 400$ anyway. So honestly, this isn't changing much. Most people don't even realize that the self-reporting threshold was so low. At least from some of the things I was researching. It seems to vary depending on where you look.
As a newbie self employed artist, it personally makes my job easier cause now paypal is going to issue me a handy dandy tax form instead of me having to do it myself in the future. =/
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