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If you sell on eBay, have you ever checked
beneteau
Member Posts: 8,552 ✭✭✭
your total sales ($) since joining eBay?
I was amazed at the total amount I have sold since 2003. Things that we didn't need or use anymore (odds & ends) sold over the years.
To check:
1. Go to "your" My eBay.
2. Move your cursor (pointer) to account.
3. Scroll down the menu list and click on Seller Dashboard.
Both your U.S. and Global sales will be shown.
I was amazed at the total amount I have sold since 2003. Things that we didn't need or use anymore (odds & ends) sold over the years.
To check:
1. Go to "your" My eBay.
2. Move your cursor (pointer) to account.
3. Scroll down the menu list and click on Seller Dashboard.
Both your U.S. and Global sales will be shown.
Comments
$11,811.79
quote:Originally posted by beneteau
your total sales ($) since joining eBay?
I was amazed at the total amount I have sold since 2003. Things that we didn't need or use anymore (odds & ends) sold over the years.
To check:
1. Go to "your" My eBay.
2. Move your cursor (pointer) to account.
3. Scroll down the menu list and click on Seller Dashboard.
Both your U.S. and Global sales will be shown.
Be sure you report your 'income' to the IRS! [:D]
thats not always income
So if the IRS checks this out will you owe income tax?
no its not always income, no different than selling my car, or having a yard sale
So if the IRS checks this out will you owe income tax?
As I understand it you have to meet a certain annual income amount or be acting as a business.
I believe this is what finally got the dweeb that screwed me.
I will not sell there anymore since being screwed by them on the last item i sold there.
So if the IRS checks this out will you owe income tax?
Sure if you do about 20 K a year.
But I have sold quite a few things on {elsewhere} over the years. A lot of things that I thought about trashing or just giving away, I have gotten 20, 40 bucks here and there and actually probably have made a quite a few bucks doing so.
quote:Originally posted by slumlord44
So if the IRS checks this out will you owe income tax?
no its not always income, no different than selling my car, or having a yard sale
by law your supposed to report all income to the IRS. Now that doesnt necessarily mean you will be taxed on it and/or the final tax rate might be changed due to mitigating factors.