best way to figure out fees, payments, etc for tax time
every year at tax time I say very bad things about eBay because I am not able to decipher how to capture my fees, shipping costs, etc from their "reports". does anyone have any helpful hints. which "report should I be using?? I get so confused!!
thank you in advance
1 comment
comics-scifi-collectibles
Mentor3 years ago@linsy_js_jewels I really like this new report. It's easy to read and all one page.
https://www.ebay.com/sh/fin/reportslanding enter your date range and then download as a PDF.
You still need to subtract other business costs from your gross such as item cost, supplies you have receipts for etc. Talk to your tax advisor about what you can deduct beyond what is subtracted on the PDF print out.