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Author: mlk58 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308557  
Subject: Re: article on Karyn in our Sunday paper Date: 8/12/2002 11:01 AM
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My understanding is that gifts are always tax-free to the recipient. If you GIVE more than $10,000 to a single person in a single year, you have to complete a gift-tax return, but that's the donor's problem, not the recipient's.

And it seems like Karyn can legitimately claim that people really are giving her gifts, rather than paying her for any service or whatever. (Although if I were an IRS lawyer I'd argue that she's being paid for providing entertainment.) The eBay sales will be tax-free to the extent she is selling stuff for less than she paid for it.
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