sales tax..... can not find information on my 2023 Total sales amount. For Income Tax?
This is my very first time I am required to pay income tax but cannot find my total
2 comments
This is my very first time I am required to pay income tax but cannot find my total
rfmtm
Mentor3 years agoSales tax has nothing to do with income tax, as ebay collects it and it is not reported to the IRS. However, if you hold a resale certificate in your state you will still have file in your state to account for quarterly gross sales, even though you owe no tax. For that and additional information for income tax filing run a report here:
https://www.ebay.com/sh/fin/report
lady_madonna
Mentor3 years ago@emmascottage
Do you mean 2022?
Unless you are in a state with a lower threshold, you need to have sold $20,000 and 200 items to receive a 1099k.
Check here - https://www.ebay.com/sh/fin/taxforms