Home U.S. Coin Forum

Anyone from Illinois buy coins from eBay today (sales tax)

2»

Comments

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @jmlanzaf said:

    Can I take the bet? I won't even cheat. [And half the forum would be cheering for @coinstartled to win! ;)]

    My guess is that the forum would be cheering for a dead heat.

    ;)

  • U1chicagoU1chicago Posts: 6,135 ✭✭✭✭✭

    @JimTyler said:
    Did they fix this ? I ran a couple checks and I'm not getting tax on coins or paper money. Did a check in sports memorabilia and I got tax.

    I just bought a coin in the Morgan category (I'm in Illinois) and was charged sales tax of 6.25%.
    What's interesting is that the tax is calculated from the original total-even if one uses eBay bucks (which I did).

  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    @jmlanzaf said:

    @JimTyler said:
    Did they fix this ? I ran a couple checks and I'm not getting tax on coins or paper money. Did a check in sports memorabilia and I got tax.

    Contrary to the whiners around here, eBay is trying to get it right. They can't legally collect sales tax that isn't owed.

    I'm not whining. I just don't want to pay any taxes I don't have to.

  • jmlanzafjmlanzaf Posts: 34,758 ✭✭✭✭✭

    @DIMEMAN said:

    @jmlanzaf said:

    @JimTyler said:
    Did they fix this ? I ran a couple checks and I'm not getting tax on coins or paper money. Did a check in sports memorabilia and I got tax.

    Contrary to the whiners around here, eBay is trying to get it right. They can't legally collect sales tax that isn't owed.

    I'm not whining. I just don't want to pay any taxes I don't have to.

    I wasn't referring to you. Every time a new State comes online, people start whining about how eBay sucks and eBay doesn't care to get it right and eBay is intentionally charging them tax they don't have to, etc.

  • jmlanzafjmlanzaf Posts: 34,758 ✭✭✭✭✭

    @U1chicago said:

    @JimTyler said:
    Did they fix this ? I ran a couple checks and I'm not getting tax on coins or paper money. Did a check in sports memorabilia and I got tax.

    I just bought a coin in the Morgan category (I'm in Illinois) and was charged sales tax of 6.25%.
    What's interesting is that the tax is calculated from the original total-even if one uses eBay bucks (which I did).

    The eBay bucks will not alleviate the tax burden, at least in states I'm familiar with. eBay bucks is just a cash-like payment.

  • U1chicagoU1chicago Posts: 6,135 ✭✭✭✭✭

    @jmlanzaf said:

    @U1chicago said:

    @JimTyler said:
    Did they fix this ? I ran a couple checks and I'm not getting tax on coins or paper money. Did a check in sports memorabilia and I got tax.

    I just bought a coin in the Morgan category (I'm in Illinois) and was charged sales tax of 6.25%.
    What's interesting is that the tax is calculated from the original total-even if one uses eBay bucks (which I did).

    The eBay bucks will not alleviate the tax burden, at least in states I'm familiar with. eBay bucks is just a cash-like payment.

    From what I read, that is correct. I just wasn't sure how it would be applied.
    I'm just disappointed that tax was collected when it shouldn't be according to Illinois law. I guess I'll have to now go through the ever trusty state to collect my refund.

  • JimTylerJimTyler Posts: 3,454 ✭✭✭✭✭

    This is in commemorative gold section I don't see tax.

  • U1chicagoU1chicago Posts: 6,135 ✭✭✭✭✭

    @JimTyler said:
    This is in commemorative gold section I don't see tax.

    When I add it to my cart I get tax (I removed my zip code but it's in IL).

    Item (1) $389.99
    Shipping to (IL) Free
    Estimated tax $24.37
    Total $414.36

  • JimTylerJimTyler Posts: 3,454 ✭✭✭✭✭

    Ok. I had my eye on something now my highest bid will be minus tax. That means I won't get it

  • U1chicagoU1chicago Posts: 6,135 ✭✭✭✭✭

    @JimTyler said:
    Ok. I had my eye on something now my highest bid will be minus tax. That means I won't get it

    I just called customer support. Nice guy on the phone, but he said they had technical issues and couldn't do anything about the tax. He told me to call back later and they will try to help. I'll report back if anything is resolved.

  • BStrauss3BStrauss3 Posts: 3,476 ✭✭✭✭✭

    Any chance the coins are being taxed because they are also listed in other categories that ARE taxable?

    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @U1chicago said:

    @JimTyler said:
    Ok. I had my eye on something now my highest bid will be minus tax. That means I won't get it

    I just called customer support. Nice guy on the phone, but he said they had technical issues and couldn't do anything about the tax. He told me to call back later and they will try to help. I'll report back if anything is resolved.

    I'll say this about the Ebay customer support people, they are always friendly and do their best to resolve issues.

  • U1chicagoU1chicago Posts: 6,135 ✭✭✭✭✭

    @BStrauss3 said:
    Any chance the coins are being taxed because they are also listed in other categories that ARE taxable?

    It was only listed in one category (Morgans).

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file