How is income from selling on ebay taxed? Are you required to pay income tax

Sign up, and you'll be able to ignore users whose posts you don't want to see. Sign up

Report problem with this ad

Jan 25, 2020
9:00:46am

Iman23 All-American

How is income from selling on ebay taxed? Are you required to pay income tax

on what you make?

Obviously, I'm talking about a high volume seller here.

Report problem with this ad

Iman23

Bio page: Iman23
Joined: Jan 18, 2008
Last login: Apr 24, 2024
Total posts: 42,510 (2,704 FO)

Report problem with this ad

Messages

Author

Time

How is income from selling on ebay taxed? Are you required to pay income tax

Iman23

1/25/20 9:00am

You report your sales less your cost of sales. Like any other seller of goods.

Narfin'Coug

1/25/20 9:06am

1099-misc or sch C

RexIdaCoug

1/25/20 9:07am

No. You don’t have to pay income tax on sales of goods unless the goods

CDV

1/25/20 9:25am

I read somewhere that sovereign citizens don't recognize US currency.

Eddie

1/25/20 9:37am

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad