more money than you are selling them for, you don't have to report the income received from the eBay sale. For example, if you sell a bicycle that you paid $500 for two years ago for $350 on eBay, you usually don't have to notify the IRS—and you can't claim a loss ...
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
EBay, the world's largest online marketplace, connects millions of buyers and sellers worldwide. One of the key aspects of buying and selling on eBay is order fulfillment, which involves receiving, processing, and shipping items to customers. For customers who purchase items from eBay for export...
First Year eBay Seller's Tax GuideeBay Seller's Tax GuideWhen it comes to taxes, here at , we've seen it over and over again. New eBay sellers go from "Do I have to pay taxes on things I sell online?" to "What are all these taxes I have to pay for things I'm selling ...
I just looked it up and the blaine sales tax (where the package is shipped) is actually 2.29 %, so 8.8% tax total. My 7.9% tax rate still doesnt make sense.It sure would be nice of ebay to give a breakdown on how the taxes are calculated.Its already annoying enough that I'm ...
So Aliexpress has no need to comply with AUS gst rules, they're not selling anything.It's the sellers on aliexpress that are required to comply with the AUS gst rules.And they wont have to comply if they send less than $60k USD of goods to AUS per year.AUS will track/enforce the ...
As soh.maryl suggested it would be a good idea for you to read some of the eBay policies before you actually start selling. Understand the money back guarantee, especially what "seller does not accept returns" means. You will likely be limited on the number and value of the items you ca...
Sellers on eBay, Airbnb, and others in the UK may soon face some interest from the country's tax body, with digital platforms now obliged to report the financial details of some users to His Majesty's Revenue and Customs. Online selling has become a handy way for people to create ...
IRS Form 1099-K is used to report income received from electronic payment transactions, such as those made through eBay. It includes information such as the total gross amount of payments made to the seller, the total amount of fees charged, and the tota
I am retired and Social Security does not meet all our expenses. eBay sales help make up the difference to pay my bills. I am a casual seller; I should not be taxed like a business. I cannot afford to stop selling because without these sales I would struggle financially. ...