Taxes on my personal items

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After filing my taxes, my CPA asked why I am having to pay taxes on my personal items I'm selling on ebay. He asked if I have a business. NO I do not. Can someone explain why?

ssbn657

646 View listings

Posted 1 year ago·Last reply 1 year ago

3 comments

house*of*paws

Mentor1 year ago

779 View listings

@ssbn657 wrote:
After filing my taxes, my CPA asked why I am having to pay taxes on my personal items I'm selling on ebay. He asked if I have a business. NO I do not. Can someone explain why?

Hi @ssbn657

Explain what? Why you don't have a business or why you're paying taxes on personal items?

And why are you asking us ... instead of asking the CPA you're paying to file your taxes? eBay isn't telling you that you have to pay taxes.

eBay merely is following federal law by sending you a tax document. You and your CPA are supposed to be figuring out what YOU are supposed to be doing in keeping with the law.

golfingaddict

Mentor1 year ago

27172 View listings

Did you actually pay this guy to do your taxes?

There is a problem with your CPA.

If they knew what they were doing, they would be able to help you file your taxes for your personal items.

Your problem is with the CPA not eBay.

jonathanbrightlight

·1 year ago

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That's something your CPA should be better equipped to advise you on than anyone here. I'm shocked to hear they are asking you that. They should be telling you if you owe taxes and if there are ways to avoid it (usually for personal items sold at a loss you would owe no taxes, but it sounds like you need a competent tax professional).