Taxes And eBay Sales – What Beginners Should Know
If you're one of the many eBay sellers, you'll need to be prepared for tax time. If you're new to online sales, tax time will become overwhelming very quickly. Here, you'll learn some of the basic items that you can write off on your Federal Income Taxes each year. Inventory Purchases Where do you get the things that you're selling? If you go out and purchase the items, you can use the purchase price of that item as a write off after you sell the item.