Which eBay sales are subject to income tax? Let’s say you used eBay to sell off used items for less than you originally paid for them. These amounts are not considered taxable income since you made no profit. The IRS states that “If your online auction sales are the Internet ...
In Canada, there is a mechanism whereby a buyer can apply to get Provincial sales tax rebated from another province where one does not reside, unless it is federal tax. Same true for Americans, who can apply for a tax rebate on their return, if for example, they are vacationing up here...
Why is eBay charging a sales tax on coins? Sales taxes on coins are non existent otherwise the U.S. Mint would be charging a sales tax on the millions of coins it mints and sells to the the general public every year. The U>S> Mint never charges a sales tax on coins. What eBay ...
Hi Guys Sorry I am not sure if there is a thread already but I recently started selling my Lego on ebay and I am charging people sales tax on new sets. Looking at other sellers they don't seem to be charging sales tax on sales , is there an option to tur
This used to be much simpler on eBay, but when they changed how they handle it, I just bought elsewhere... until now. I am trying to make some purchases of second-hand computers through vendors on eBay and cannot pay sales tax. I of course have all the appropriate Tax IDs etc. to ...
The first line item you send in an API request will always be used for the transaction’s title in TaxJar. If multiple line items are included, the merchant will see a “[+ X more]” appended to the title. In addition to order-levelsales_tax, include the amount of sales tax that ap...
Taxes are annoying on a good day and stressful on a bad day, which is why it is important to keep track of what you owe and to whom. You owe it to yourself, your business, and the state to keep track of your tax obligations. Here are some of the main reasons why. ...
For laptops and other expensive items, consider buying used. There are always used laptops, graphing calculators and other supplies for sale on eBay, Amazon and other online platforms. Local dollar stores If you're shopping for a younger student, or someone who isn't particular about their supp...
In order to calculate sales tax through SuiteTax, we’ll need to properly configure your NetSuite account to use TaxJar as the sales tax engine. Go to the TaxJar dropdown in your menu bar and select Nexuses from the Setup menu:On the Nexuses page, set up all of the countries and ...
Consumers generally search for very specific items on eBay. Ask yourself which words people are likely to type into a search engine when looking for what you’re selling. Also, make sure you do some research, to see the common searches relating to your products. ...